Abbreviated Company Accounts - PRAGINI LIMITED

Registered Number 02953799

PRAGINI LIMITED

Abbreviated Accounts

30 June 2014

PRAGINI LIMITED Registered Number 02953799

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	186,488	186,985
		186,488	186,985
Current assets
Debtors		-	404
Cash at bank and in hand		1,368	1,065
		1,368	1,469
Creditors: amounts falling due within one year		(53,277)	(46,817)
Net current assets (liabilities)		(51,909)	(45,348)
Total assets less current liabilities		134,579	141,637
Creditors: amounts falling due after more than one year		(55,063)	(60,225)
Total net assets (liabilities)		79,516	81,412
Capital and reserves
Called up share capital		25,002	25,002
Revaluation reserve		133,997	133,997
Profit and loss account		(79,483)	(77,587)
Shareholders' funds		79,516	81,412

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 13 December 2014

And signed on their behalf by:
P J Patel, Director

PRAGINI LIMITED Registered Number 02953799

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

1Accounting 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
Turnover represents the total invoice value, excluding VAT, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Investment Freehold Properties - 0%
Fixture, fittings and equipment - 25%
Motor Vans - 25%

2Tangible fixed assets

	£
Cost
At 1 July 2013	200,897
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	200,897
Depreciation
At 1 July 2013	13,912
Charge for the year	497
On disposals	-
At 30 June 2014	14,409
Net book values
At 30 June 2014	186,488
At 30 June 2013	186,985