Abbreviated Company Accounts - ANSAR FINANCE GROUP LIMITED

ANSAR FINANCE GROUP LIMITED - Company Information

Registered Number 03038595

ANSAR FINANCE GROUP LIMITED

Abbreviated Accounts

31 March 2016

ANSAR FINANCE GROUP LIMITED Registered Number 03038595

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	7,922	4,787
Investments	4	8	8
		7,930	4,795
Current assets
Debtors		478,131	462,539
Cash at bank and in hand		398,939	393,019
		877,070	855,558
Creditors: amounts falling due within one year		(990)	(8,889)
Net current assets (liabilities)		876,080	846,669
Total assets less current liabilities		884,010	851,464
Total net assets (liabilities)		884,010	851,464
Reserves
Income and expenditure account		884,010	851,464
Members' funds		884,010	851,464

For the year ending 31 March 2016 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 18 December 2016

And signed on their behalf by:
Mr Ali Akbar, Director

ANSAR FINANCE GROUP LIMITED Registered Number 03038595

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Equipment 25% reducing balance
Fixtures, fittings & equipment 15% reducing balance

Other accounting policies
The company is entitled to exemption under Section 398 of the Companies Act 2006 from the
obligation to prepare group accounts.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 April 2015	39,192
Additions	4,103
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	43,295
Depreciation
At 1 April 2015	34,405
Charge for the year	968
On disposals	-
At 31 March 2016	35,373
Net book values
At 31 March 2016	7,922
At 31 March 2015	4,787

4Fixed assets Investments
Fixed asset investment are stated at cost less provision for permanent diminution in value. Current
asset investments are at lower of cost and net realisable value.