Registered Number 06508633
A KAUSAR LTD
Abbreviated Accounts
29 February 2016
Notes | 2016 | 2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The following accounting policies have been applied consistently in dealing with items which are
considered material in relation to the company's financial statements.
Basis of preparation:
The financial statements have been prepared in accordance with applicable accounting standards are under the historical cost accounting rules.
Turnover policy
Turnover represents the amounts derived from the provision of services to customers during the
year.
Turnover and operating profit:
Turnover and operating profit on ordinary activities is attributable to the company's principal
activity.
Tangible assets depreciation policy
Depreciation is provided on tangible assets on the cost of the asset less estimated residual value over the expected useful life as follows :
Fixtures, fittings and equipment: 20% per annum
Intangible assets amortisation policy
Goodwill arising on the acquisition of the business is amortised over its useful life, which is
estimated to be 20 years.
£ | |
---|---|
Cost | |
At 1 March 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 29 February 2016 |
|
Amortisation | |
At 1 March 2015 |
|
Charge for the year |
|
On disposals |
|
At 29 February 2016 |
|
Net book values | |
At 29 February 2016 | 22,800 |
At 28 February 2015 | 24,700 |
£ | |
---|---|
Cost | |
At 1 March 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 29 February 2016 |
|
Depreciation | |
At 1 March 2015 |
|
Charge for the year |
|
On disposals |
|
At 29 February 2016 |
|
Net book values | |
At 29 February 2016 | 1 |
At 28 February 2015 | 1 |