| A DAKRI & CO LIMITED |
|
| Report to the directors on the preparation of the unaudited abbreviated accounts of A DAKRI & CO LIMITED for the year ended 31 March 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of A DAKRI & CO LIMITED for the year ended 31 March 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Butt & Co Accountants Ltd |
|
| 161 Ley Street |
| Ilford |
| Essex |
| IG1 4BL |
|
| 10 November 2014 |
|
| A DAKRI & CO LIMITED |
| Registered number: |
00913516 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
65,000 |
|
|
130,000 |
| Tangible assets |
3 |
|
|
1,226,408 |
|
|
1,274,361 |
|
|
|
|
1,291,408 |
|
|
1,404,361 |
|
| Current assets |
| Debtors |
|
|
391,975 |
|
|
392,404 |
| Cash at bank and in hand |
|
|
2,104,550 |
|
|
1,637,307 |
|
|
|
2,496,525 |
|
|
2,029,711 |
|
| Creditors: amounts falling due within one year |
|
|
(223,023) |
|
|
(220,813) |
|
| Net current assets |
|
|
|
2,273,502 |
|
|
1,808,898 |
|
| Net assets |
|
|
|
3,564,910 |
|
|
3,213,259 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
3,563,910 |
|
|
3,212,259 |
|
| Shareholders' funds |
|
|
|
3,564,910 |
|
|
3,213,259 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Osman Ahmed Dakri |
| Director |
| Approved by the board on 10 November 2014 |
|
| A DAKRI & CO LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Furniture, Fittings and Equipments |
20% Reducing Balance |
|
Motor vehicles |
20% Reducing Balance |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
325,000 |
|
At 31 March 2014 |
325,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2013 |
195,000 |
|
Provided during the year |
65,000 |
|
At 31 March 2014 |
260,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
65,000 |
|
At 31 March 2013 |
130,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
1,300,170 |
|
Additions |
7,712 |
|
At 31 March 2014 |
1,307,882 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
25,809 |
|
Charge for the year |
55,665 |
|
At 31 March 2014 |
81,474 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
1,226,408 |
|
At 31 March 2013 |
1,274,361 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
