Abbreviated Company Accounts - LABIB LTD

08171757 LABIB LTD 2014-08-31 false 2013-09-01 2014-08-31 true 08171757 2013-09-01 2014-08-31 08171757 2014-08-31 08171757 2013-08-31 08171757 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 08171757 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 08171757

LABIB LTD

Abbreviated Accounts

31 August 2014

LABIB LTD Registered Number 08171757

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	829	921
		829	921
Current assets
Debtors	3	10,872	5,963
Cash at bank and in hand		2,387	6,498
		13,259	12,461
Creditors: amounts falling due within one year	4	(14,016)	(13,303)
Net current assets (liabilities)		(757)	(842)
Total assets less current liabilities		72	79
Total net assets (liabilities)		72	79
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		71	78
Shareholders' funds		72	79

For the year ending 31 August 2014 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 1 May 2015

And signed on their behalf by:
Daniyal Labib, Director

LABIB LTD Registered Number 08171757

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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.

2Tangible fixed assets

	£
Cost
At 1 September 2013	921
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	921
Depreciation
At 1 September 2013	-
Charge for the year	92
On disposals	-
At 31 August 2014	92
Net book values
At 31 August 2014	829
At 31 August 2013	921

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	10,872	5,963

Receivables from customers

4Creditors

	2014 £	2013 £
Secured Debts	14,016	13,303

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1