Abbreviated Company Accounts - PAPADI LTD

08114130 PAPADI LTD 2014-06-30 false 2013-07-01 2014-06-30 true 08114130 2013-07-01 2014-06-30 08114130 2014-06-30 08114130 2013-06-30 08114130 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 08114130 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-06-30 iso4217:GBP shares

Registered Number 08114130

PAPADI LTD

Abbreviated Accounts

30 June 2014

PAPADI LTD Registered Number 08114130

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,484	891
		1,484	891
Current assets
Debtors		10,452	-
Cash at bank and in hand		2,654	43,287
		13,106	43,287
Creditors: amounts falling due within one year		(14,114)	(44,135)
Net current assets (liabilities)		(1,008)	(848)
Total assets less current liabilities		476	43
Total net assets (liabilities)		476	43
Capital and reserves
Called up share capital	3	20	20
Profit and loss account		456	23
Shareholders' funds		476	43

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 29 March 2015

And signed on their behalf by:
Vijay Kolli, Director

PAPADI LTD Registered Number 08114130

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 value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

IT Equipment and Software 25 % Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 July 2013	1,188
Additions	1,088
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	2,276
Depreciation
At 1 July 2013	297
Charge for the year	495
On disposals	-
At 30 June 2014	792
Net book values
At 30 June 2014	1,484
At 30 June 2013	891

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10
10 A Ordinary shares of £1 each	10	10