Abbreviated Company Accounts - MUNIR ENTERPRISES LTD

MH PROPERTY AND LAND LTD - Company Information

09144329 MUNIR ENTERPRISES LTD 2016-07-31 false 2015-08-01 2016-07-31 true 09144329 2015-08-01 2016-07-31 09144329 2016-07-31 09144329 2015-07-31 09144329 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 09144329 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 09144329

MUNIR ENTERPRISES LTD

Abbreviated Accounts

31 July 2016

MUNIR ENTERPRISES LTD Registered Number 09144329

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,268,777	390,972
		1,268,777	390,972
Current assets
Debtors		-	1,000
Cash at bank and in hand		90,235	4,707
		90,235	5,707
Creditors: amounts falling due within one year		(358,453)	(196,629)
Net current assets (liabilities)		(268,218)	(190,922)
Total assets less current liabilities		1,000,559	200,050
Creditors: amounts falling due after more than one year		(1,000,000)	(200,000)
Total net assets (liabilities)		559	50
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(441)	(950)
Shareholders' funds		559	50

For the year ending 31 July 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 29 March 2017

And signed on their behalf by:
Munir Hussain, Director

MUNIR ENTERPRISES LTD Registered Number 09144329

Notes to the Abbreviated Accounts for the period ended 31 July 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2Tangible fixed assets

	£
Cost
At 1 August 2015	390,972
Additions	877,805
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	1,268,777
Depreciation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	1,268,777
At 31 July 2015	390,972

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000