Ghulam Murtaza

DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:02 Registration number Limited Company - United Kingdom Directors' report and financial statements for the year ended 31 December 2017 DRAFT FINANCIAL STATEMENTS 31 October 2007 17:27:03 Limited Company - United Kingdom Company information DRAFT FINANCIAL STATEMENTS 31 October 2007 17:27:03 Limited Company - United Kingdom Contents Page Directors' report 1 Auditors' report 1-2 Profit and loss account 6 Balance sheet 7 Cash flow statement 8 Notes to the financial statements 9 DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:05 Limited Company - United Kingdom Directors' report for the year ended 31 December 2016 The directors present their report and the financial statements for the year ended 31 December 2005. Principal activity The principal activity of the company ... Directors' responsibilities The directors are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the profit or loss of the company for that year. In preparing these the directors are required to: - select suitable accounting policies and apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.!C! The directors of a company must, in determining how amounts are presented within items in the profit and loss account and balance sheet, have regard to the substance of the reported transaction or arrangement, in accordance with generally accepted accounting principles and practice. Auditors In accordance with Section 385 of the Companies Act 1985, a resolution proposing that be reappointed as auditors of the company will be put to the Annual General Meeting. This report is prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small companies. This report was approved by the Board on ..................................... and signed on its behalf by ................................. Secretary Director Page 1 DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:06 Limited Company - United Kingdom Independent auditors' report to the shareholders of Limited Company - United Kingdom We have audited the financial statements of Limited Company - United Kingdom for the year ended 31 December 2005 which comprise the profit and loss account, the balance sheet, the cash flow statement and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein. This report is made solely to the company's shareholders, as a body, in accordance with Section 235 of the Companies Act 1985. Our audit work has been undertaken so that we might state to the company's shareholders those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's shareholders as a body, for our audit work, for this report, or for the opinions we have formed. Respective responsibilities of directors and auditors As described in the statement of directors' responsibilities the company's directors are responsible for the preparation of the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Our responsibility is to audit the financial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland).. We report to you our opinion as to whether the financial statements give a true and fair view and are properly prepared in accordance with the Companies Act 1985. We also report to you if, in our opinion, the directors' report is not consistent with the financial statements, if the company has not kept proper accounting records, if we have not received all the information and explanations we require for our audit, or if information specified by law regarding directors' remuneration and transactions with the company is not disclosed. We read the directors' report and consider the implications for our report if we become aware of any apparent misstatements within it. Basis of audit opinion We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgements made by the directors in the preparation of the financial statements, and of whether the accounting policies are appropriate to the company's circumstances, consistently applied and adequately disclosed. We planned our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements. Page 2 DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:06 Limited Company - United Kingdom Independent auditors' report to the shareholders of Limited Company - United Kingdom continued Opinion In our opinion the financial statements give a true and fair view, in accordance with United Kingdom Generally Accepted Accounting Practice, of the state of the company's affairs as at 31 December 2005 and of its profit and cash flows for the year then ended and have been properly prepared in accordance with the Companies Act 1985. Page 3 DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:08 Limited Company - United Kingdom Profit and loss account for the year ended 31 December 2016 Continuing operations Notes Profit on ordinary activities before taxation 2016 2015 £ £ - Tax on profit on ordinary activities - _______ Profit on ordinary activities after taxation - _______ Retained profit for the year - _______ There are no recognised gains or losses other than the profit or loss for the above two financial years. The notes on page 9 form an integral part of these financial statements. Page 4 - _______ - _______ - _______ DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:09 Limited Company - United Kingdom Balance sheet as at 31 December- Notes £ Capital and reserves 2015 £ £ £ _______ _______ _______ _______ _______ _______ _______ _______ The financial statements are prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small companies . The financial statements were approved by the Board on ..................................... and signed on its behalf by ................................. Director The notes on page 9 form an integral part of these financial statements. Page 5 DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:10 Limited Company - United Kingdom Cash flow statement for the year ended 31 December 2016 Notes 2016 £ 2015 £ Cash flow statement Increase in cash in the year - - _______ _______ - - Reconciliation of net cash flow to movement in net funds (Note 3) Increase in cash in the year Net funds at 31 December 2005 _______ Page 6 _______ DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:13 Limited Company - United Kingdom Detailed trading profit and loss account and expenses schedule for the year ended 31 December- £ 2015 £ £ £ 1. Accounting policies 1.1. Accounting convention The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board. Net funds - _______ DRAFT FINANCIAL STATEMENTS 31 October 2017 17:27:13 Limited Company - United Kingdom Detailed trading profit and loss account and expenses schedule for the year ended 31 December- £ 2015 £ £ The following pages do not form part of the statutory accounts. £