Abbreviated Company Accounts - AZAMOUR INVESTMENTS LIMITED

AZAMOUR INVESTMENTS LIMITED - Company Information

06599045 AZAMOUR INVESTMENTS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 06599045 2014-06-01 2015-05-31 06599045 2015-05-31 06599045 2014-05-31 06599045 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06599045 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:Director3 2014-06-01 2015-05-31 uk-gaap-cd-bus:Director3 2015-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 06599045

AZAMOUR INVESTMENTS LIMITED

Abbreviated Accounts

31 May 2015

AZAMOUR INVESTMENTS LIMITED Registered Number 06599045

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	414,254	422,573
		414,254	422,573
Current assets
Debtors		430	8,239
Cash at bank and in hand		25,854	4,758
		26,284	12,997
Creditors: amounts falling due within one year	3	(68,986)	(121,594)
Net current assets (liabilities)		(42,702)	(108,597)
Total assets less current liabilities		371,552	313,976
Creditors: amounts falling due after more than one year	3	(410,865)	(346,439)
Total net assets (liabilities)		(39,313)	(32,463)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(39,314)	(32,464)
Shareholders' funds		(39,313)	(32,463)

For the year ending 31 May 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 7 November 2015

And signed on their behalf by:
Mr I Dhanji, Director
Director, Director

AZAMOUR INVESTMENTS LIMITED Registered Number 06599045

Notes to the Abbreviated Accounts for the period ended 31 May 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 April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property : Over the term of the lease.
Fixtures and fittings : 15% of WDV
Equipment : 25% of WDV.

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the shareholders.

2Tangible fixed assets

	£
Cost
At 1 June 2014	459,316
Additions	28,487
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	487,803
Depreciation
At 1 June 2014	36,743
Charge for the year	36,806
On disposals	-
At 31 May 2015	73,549
Net book values
At 31 May 2015	414,254
At 31 May 2014	422,573

3Creditors

	2015 £	2014 £
Secured Debts	425,365	357,939
Instalment debts due after 5 years	296,365	286,000

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1

5Transactions with directors

Name of director receiving advance or credit:	Mr I Dhanji
Description of the transaction:	Loan to the company
Balance at 1 June 2014:	£ 104,450
Advances or credits made:	-
Advances or credits repaid:	£ 62,173
Balance at 31 May 2015:	£ 42,277