Joshi Consulting Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07256447 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 June 2013 to 30 November 2014

for

Joshi Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V Joshi

REGISTERED OFFICE:

118 The Ridgeway

North Harrow

Middlesex

HA2 7QB

REGISTERED NUMBER:

07256447 (England and Wales)

ACCOUNTANTS:

My Accountant Friend

Suite 3

Ground Floor

70 Queensway

Hemel Hempstead

HP2 5HD

FIXED ASSETS

Tangible assets

2

-

167

CURRENT ASSETS

Debtors

6,081

47,392

Cash at bank

30,537

2,944

36,618

50,336

CREDITORS

Amounts falling due within one year

36,617

21,528

NET CURRENT ASSETS

1

28,808

TOTAL ASSETS LESS CURRENT LIABILITIES

1

28,975

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

-

28,974

SHAREHOLDERS' FUNDS

1

28,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 February 2015 and were signed by:

V Joshi - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 30 November 2014

500

DEPRECIATION

At 1 June 2013

333

Charge for period

167

At 30 November 2014

500

NET BOOK VALUE

At 30 November 2014

-

At 31 May 2013

167

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

31.5.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2014 and the

year ended 31 May 2013:

30.11.14

31.5.13

£

£

V Joshi

Balance outstanding at start of period

44,992

37,735

Amounts advanced

37,347

44,992

Amounts repaid

(44,992

)

(37,735

)

Balance outstanding at end of period

37,347

44,992

The above loan was repaid in full within 9 months of the year end and therefore no s455 taxes have been

accounted for.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is V Joshi.