Abir The Colours of Life Ltd - Period Ending 2015-05-31

Ordinary of £1 each

ABIR THE COLOURS OF LIFE LTD - Company Information

Registration number: 9060522

Abir The Colours of Life Ltd

trading as Abir The Colours of Life Ltd

Unaudited Abbreviated Accounts

for the Period from 28 May 2014 to 31 May 2015

Walden Way & Co
Burford Road Business Centre
Unit 210
No. 11 Burford Road
London
E15 2ST

Abir The Colours of Life Ltd
trading as Abir The Colours of Life Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Abir The Colours of Life Ltd
trading as Abir The Colours of Life Ltd
for the Period Ended 31 May 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Abir The Colours of Life Ltd for the period ended 31 May 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Abir The Colours of Life Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Abir The Colours of Life Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abir The Colours of Life Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Abir The Colours of Life Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Abir The Colours of Life Ltd. You consider that Abir The Colours of Life Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Abir The Colours of Life Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Walden Way & Co
Burford Road Business Centre
Unit 210
No. 11 Burford Road
London
E15 2ST

9 February 2016

Page 1

Abir The Colours of Life Ltd
trading as Abir The Colours of Life Ltd
(Registration number: 9060522)
Abbreviated Balance Sheet at 31 May 2015

	Note	31 May 2015 £
Fixed assets
Tangible fixed assets		584
Current assets
Cash at bank and in hand		458
Creditors: Amounts falling due within one year		(3,096)
Net current liabilities		(2,638)
Net liabilities		(2,054)
Capital and reserves
Called up share capital	3	2
Profit and loss account		(2,056)
Shareholders' deficit		(2,054)

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 9 February 2016 and signed on its behalf by:

.........................................
Marc Omar Woods
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Abir The Colours of Life Ltd
trading as Abir The Colours of Life Ltd
Notes to the Abbreviated Accounts for the Period from 28 May 2014 to 31 May 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixture and Fittings	25% Straight line

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	779	779
At 31 May 2015	779	779
Depreciation
Charge for the period	195	195
At 31 May 2015	195	195
Net book value
At 31 May 2015	584	584

Page 3

Abir The Colours of Life Ltd
trading as Abir The Colours of Life Ltd
Notes to the Abbreviated Accounts for the Period from 28 May 2014 to 31 May 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

Page 4