Iqbal Financial Limited - Limited company - abbreviated

REGISTERED NUMBER: SC418436 (Scotland)

Abbreviated Unaudited Accounts

For The Year Ended 31st March 2014

for

Iqbal Financial Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss F Iqbal

SECRETARY:

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC418436 (Scotland)

ACCOUNTANTS:

J.S. Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

2

480

600

CURRENT ASSETS

Debtors

7,866

12,100

Cash at bank

46,769

34,180

54,635

46,280

CREDITORS

Amounts falling due within one year

(31,049

)

(33,820

)

NET CURRENT ASSETS

23,586

12,460

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,066

13,060

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

24,065

13,059

SHAREHOLDERS' FUNDS

24,066

13,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 1st November 2014 and were signed by:

Miss F Iqbal - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

750

DEPRECIATION

At 1st April 2013

150

Charge for year

120

At 31st March 2014

270

NET BOOK VALUE

At 31st March 2014

480

At 31st March 2013

600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

1

Iqbal Financial Limited - Limited company - abbreviated - 11.6

Iqbal Financial Limited - Limited company - abbreviated - 11.6