Abbreviated Company Accounts - ZAUS HAUS LIMITED

06379103 ZAUS HAUS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06379103 2015-01-01 2015-12-31 06379103 2015-12-31 06379103 2014-12-31 06379103 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06379103 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06379103

ZAUS HAUS LIMITED

Abbreviated Accounts

31 December 2015

ZAUS HAUS LIMITED Registered Number 06379103

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		95,895	95,895
Cash at bank and in hand		581	684
		96,476	96,579
Creditors: amounts falling due within one year		(107,146)	(105,645)
Net current assets (liabilities)		(10,670)	(9,066)
Total assets less current liabilities		(10,670)	(9,066)
Total net assets (liabilities)		(10,670)	(9,066)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(10,770)	(9,166)
Shareholders' funds		(10,670)	(9,066)

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
MR D AJASA ADEKUNLE, Director

ZAUS HAUS LIMITED Registered Number 06379103

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

Other accounting policies
Work In Progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

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 accounts have been prepared on a going concern basis, assuming the continued support of the director.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100