Abbreviated Company Accounts - A-Z DISCOUNT SHOP (UK) LIMITED

A-Z DISCOUNT SHOP (UK) LIMITED - Company Information

07156347 A-Z DISCOUNT SHOP (UK) LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 07156347 2014-03-01 2015-02-28 07156347 2015-02-28 07156347 2014-02-28 07156347 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 07156347 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 07156347

A-Z DISCOUNT SHOP (UK) LIMITED

Abbreviated Accounts

28 February 2015

A-Z DISCOUNT SHOP (UK) LIMITED Registered Number 07156347

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	983	1,229
		983	1,229
Current assets
Stocks		950	740
Cash at bank and in hand		73	98
		1,023	838
Creditors: amounts falling due within one year		(4,200)	(5,174)
Net current assets (liabilities)		(3,177)	(4,336)
Total assets less current liabilities		(2,194)	(3,107)
Total net assets (liabilities)		(2,194)	(3,107)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(2,195)	(3,108)
Shareholders' funds		(2,194)	(3,107)

For the year ending 28 February 2015 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 24 November 2015

And signed on their behalf by:
Mr Jubar Ahmed Hassan, Director

A-Z DISCOUNT SHOP (UK) LIMITED Registered Number 07156347

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 January 2015).

Turnover policy
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.

Tangible assets depreciation policy
Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixture and Fittings 20% reducing balance

Other accounting policies
Stocks

Stock is valued at the lower of cost and net realisable value.

Ultimate controlling party

During the period under review the company was under the control of Mr Jubar Ahmed Hassan by virtue of his shareholding.

Related party transaction

At the end of the period the company owed £3,382 (2014: £4,661) to Mr Jubar Ahmed Hassan. These loans are interest free and repayable on demand.

2Tangible fixed assets

	£
Cost
At 1 March 2014	3,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	3,000
Depreciation
At 1 March 2014	1,771
Charge for the year	246
On disposals	-
At 28 February 2015	2,017
Net book values
At 28 February 2015	983
At 28 February 2014	1,229

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

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1