AL QASWA LIMITED
AL QASWA LIMITED
Registered number: 9645342
Abbreviated accounts
For the Period 27 July 2015 to 30 June 2016
A Patel & Co Accountants
Licensed by AAT - Reg. No. 1199
AL QASWA LIMITED
Accountants' Report
For the Period 27 July 2015 to 30 June 2016
Accountants' Report
In accordance with the engagement letter dated (Insert Date here), and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Association of Accounting Technicians and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet as at year ended 30 June 2016 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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 financial statements
|
16/10/2016
|
A Patel & Co Accountants
Licensed by AAT - Reg. No. 1199
341 Derby Street
Bolton
Gt. Manchester
BL3 6LR
AL QASWA LIMITED
Company No. 9645342
Abbreviated Balance Sheet
30 June 2016
Abbreviated Balance Sheet
| Period to 30 June 2016 | |||
|---|---|---|---|
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand |
|
||
|
|
|||
| Creditors: Amounts Falling Due Within One Year | 2 |
( |
|
| NET CURRENT ASSETS (LIABILITIES) |
|
||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
||
| NET ASSETS |
|
||
| CAPITAL AND RESERVES | |||
| Called up share capital | 3 |
|
|
| Profit and Loss Account |
|
||
| SHAREHOLDERS' FUNDS |
|
||
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
|
|
|
|
Page 1
AL QASWA LIMITED
Notes to the Abbreviated Accounts
For the Period 27 July 2015 to 30 June 2016
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.
Creditors: Amounts Falling Due Within One Year
| Period to 30 June 2016 | |
|---|---|
| £ | |
| Corporation tax |
|
| Accruals and deferred income |
|
| Director's loan account | 6,784 |
|
|
|
4.
Transactions With and Loans to Directors
Dividends paid to directors
5.
Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 2