Registered Number 05318744

ARQAAM CAPITAL (UK) LIMITED

Abbreviated Accounts

30 June 2014

ARQAAM CAPITAL (UK) LIMITED Registered Number 05318744

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Debtors 2 133,968 151,402
Cash at bank and in hand 895 -
134,863 151,402
Prepayments and accrued income 1,045 418
Creditors: amounts falling due within one year - (314 )
Net current assets (liabilities) 135,908 151,506
Total assets less current liabilities 135,908 151,506
Creditors: amounts falling due after more than one year 0 -
Provisions for liabilities 0 -
Accruals and deferred income 0 -
Total net assets (liabilities) 135,908 151,506
Capital and reserves
Called up share capital 3 100,001 100,001
Share premium account 1,320,470 1,320,470
Profit and loss account (1,284,563 ) (1,268,965 )
Shareholders' funds 135,908 151,506

  • For the year ending 30 June 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 25 March 2015

And signed on their behalf by:
Dennis Wijsmuller, Director

ARQAAM CAPITAL (UK) LIMITED Registered Number 05318744

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1 Accounting 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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced for the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixture & Fittings - 25% pa on written down value

Valuation information and policy
Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating profit.

2 Debtors
2014
£
2013
£
Debtors include the following amounts due after more than one year 133,968 151,402

Related party receivables of GBP108,057 (30 June 2014) and GBP127,181 (30 June 2013)

3 Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100,001 Ordinary shares of £1 each 100,001 100,001