Abbreviated Company Accounts - ANSAR FINANCE GROUP LIMITED

Abbreviated Company Accounts - ANSAR FINANCE GROUP LIMITED

ANSAR FINANCE GROUP LIMITED - Company Information

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Registered Number 03038595

ANSAR FINANCE GROUP LIMITED

Abbreviated Accounts

31 March 2015

ANSAR FINANCE GROUP LIMITED Registered Number 03038595

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 4,787 5,638
Investments 4 8 8
4,795 5,646
Current assets
Debtors 462,539 600,574
Cash at bank and in hand 393,019 217,147
855,558 817,721
Creditors: amounts falling due within one year (8,889) (7,662)
Net current assets (liabilities) 846,669 810,059
Total assets less current liabilities 851,464 815,705
Total net assets (liabilities) 851,464 815,705
Reserves
Income and expenditure account 851,464 815,705
Members' funds 851,464 815,705
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2015

And signed on their behalf by:
Ali Akbar Mohammed, Director

ANSAR FINANCE GROUP LIMITED Registered Number 03038595

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Equipment 25% reducing balance
Fixtures, fittings & equipment 15% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 April 2014 39,192
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 39,192
Depreciation
At 1 April 2014 33,554
Charge for the year 851
On disposals -
At 31 March 2015 34,405
Net book values
At 31 March 2015 4,787
At 31 March 2014 5,638

4Fixed assets Investments
Fixed asset investment are stated at cost less provision for permanent diminution in value. Current
asset investments are at lower of cost and net realisable value.