Abbreviated Company Accounts - AHZ NEWS LIMITED

08533945 AHZ NEWS LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 08533945 2015-06-01 2016-05-31 08533945 2016-05-31 08533945 2015-05-31 08533945 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 08533945 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 08533945

AHZ NEWS LIMITED

Abbreviated Accounts

31 May 2016

AHZ NEWS LIMITED Registered Number 08533945

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	12,234	14,393
		12,234	14,393
Current assets
Stocks		25,172	14,956
Debtors		1,100	975
Cash at bank and in hand		3,188	805
		29,460	16,736
Creditors: amounts falling due within one year		(38,229)	(26,889)
Net current assets (liabilities)		(8,769)	(10,153)
Total assets less current liabilities		3,465	4,240
Total net assets (liabilities)		3,465	4,240
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		3,365	4,140
Shareholders' funds		3,465	4,240

For the year ending 31 May 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 22 February 2017

And signed on their behalf by:
Muhammad Zeashan DIN, Director

AHZ NEWS LIMITED Registered Number 08533945

Notes to the Abbreviated Accounts for the period ended 31 May 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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixture, fittings and equipment 15% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 June 2015	19,925
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	19,925
Amortisation
At 1 June 2015	5,532
Charge for the year	2,159
On disposals	-
At 31 May 2016	7,691
Net book values
At 31 May 2016	12,234
At 31 May 2015	14,393

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100