Abbreviated Company Accounts - MEERANI LIMITED

Abbreviated Company Accounts - MEERANI LIMITED


Registered Number 07323335

MEERANI LIMITED

Abbreviated Accounts

31 July 2014

MEERANI LIMITED Registered Number 07323335

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,213 788
1,213 788
Current assets
Cash at bank and in hand 11,095 10,647
11,095 10,647
Creditors: amounts falling due within one year (8,036) (2,914)
Net current assets (liabilities) 3,059 7,733
Total assets less current liabilities 4,272 8,521
Total net assets (liabilities) 4,272 8,521
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 4,271 8,520
Shareholders' funds 4,272 8,521
  • For the year ending 31 July 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 21 April 2015

And signed on their behalf by:
Dr M. Satisha, Director

MEERANI LIMITED Registered Number 07323335

Notes to the Abbreviated Accounts for the period ended 31 July 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:

Fixtures, fittings and equipment - 25% Reducing balance

Other accounting policies
Pensions
The pension costs charged in the financial statements represents the contribution payable by the company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

Deferred taxation
Deferred tax is not provided due to the immateriality of amounts involved.

2Tangible fixed assets
£
Cost
At 1 August 2013 1,051
Additions 829
Disposals -
Revaluations -
Transfers -
At 31 July 2014 1,880
Depreciation
At 1 August 2013 263
Charge for the year 404
On disposals -
At 31 July 2014 667
Net book values
At 31 July 2014 1,213
At 31 July 2013 788
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1