Musa 4 Limited - Limited company accounts 16.3

REGISTERED NUMBER: 08142488 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2016

FOR

MUSA 4 LIMITED

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

M Bhad

SECRETARY:

M Bhad

REGISTERED OFFICE:

212C Romford road

Forest Gate

London

E7 9HY

REGISTERED NUMBER:

08142488 (England and Wales)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Unit 003

Parma House

Clarendon Road

London

N22 6UL

The director presents his report with the financial statements of the company for the year ended 31 July 2016.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTOR

M Bhad held office during the whole of the period from 1 August 2015 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

M Bhad - Secretary

30 March 2017

TURNOVER

-

Administrative expenses

1,012

2,986

(1,012

)

(2,986

)

Other operating income

12,476

11,777

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

11,464

8,791

Tax on profit on ordinary activities

3

2,293

1,270

PROFIT FOR THE FINANCIAL YEAR

9,171

7,521

FIXED ASSETS

Tangible assets

5

116,993

CURRENT ASSETS

Debtors

6

44,025

99,025

Cash at bank

4,264

3,799

48,289

102,824

CREDITORS

Amounts falling due within one year

7

157,030

214,736

NET CURRENT LIABILITIES

(108,741

)

(111,912

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,252

5,081

CAPITAL AND RESERVES

Called up share capital

8

1

Profit and loss account

9

8,251

5,080

SHAREHOLDERS' FUNDS

8,252

5,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 30 March 2017 and were signed by:

M Bhad - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.16

31.7.15

£

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31.7.16

31.7.15

£

Current tax:

UK corporation tax

2,293

1,270

Tax on profit on ordinary activities

2,293

1,270

4.

DIVIDENDS

31.7.16

31.7.15

£

Ordinary share of £1

Final

6,000

-

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 August 2015

and 31 July 2016

116,993

NET BOOK VALUE

At 31 July 2016

116,993

At 31 July 2015

116,993

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.7.15

£

Other debtors

44,025

99,025

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.7.15

£

Taxation and social security

2,298

1,270

Other creditors

154,732

213,466

157,030

214,736

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

1

Ordinary

£1

1

9.

RESERVES

Profit

and loss

account

£

At 1 August 2015

5,080

Profit for the year

9,171

Dividends

(6,000

)

At 31 July 2016

8,251

10.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date.

11.	POST BALANCE SHEET EVENTS

No significant events took place after the balance sheet date.