Abbreviated Company Accounts - ARUSHI LIMITED

07461117 ARUSHI LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07461117 2014-01-01 2014-12-31 07461117 2014-12-31 07461117 2013-12-31 07461117 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07461117 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07461117

ARUSHI LIMITED

Abbreviated Accounts

31 December 2014

ARUSHI LIMITED Registered Number 07461117

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		548	367
Cash at bank and in hand		-	482
		548	849
Creditors: amounts falling due within one year	2	(6,148)	(6,312)
Net current assets (liabilities)		(5,600)	(5,463)
Total assets less current liabilities		(5,600)	(5,463)
Total net assets (liabilities)		(5,600)	(5,463)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(5,602)	(5,465)
Shareholders' funds		(5,600)	(5,463)

For the year ending 31 December 2014 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 21 September 2015

And signed on their behalf by:
A R Chandegra, Director

ARUSHI LIMITED Registered Number 07461117

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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 revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and Trade discounts.

Tangible assets depreciation policy
Straight line over 5 years

Intangible assets amortisation policy
Purchased goodwill and intangible assets should be amortised over their useful economic life.

Valuation information and policy
Stocks Progress are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Foreign Currencies

The company's functional currency is Great British Pounds and assets and liabilities in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are also translated into Great British Pounds at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating (loss)/profit.

2Creditors

	2014 £	2013 £
Secured Debts	6,148	6,312

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2