Phull Vision Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07935045 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 February 2020

for

Phull Vision Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs H K Nandra

REGISTERED OFFICE:

Homeleigh

Quarry Park Road

Stourbridge

West Midlands

DY8 2RE

REGISTERED NUMBER:

07935045 (England and Wales)

ACCOUNTANTS:

Onyx Accountants Ltd

Chartered Management Accountants

Onyx House

12 Phoenix Business Park

Avenue Road, Aston

Birmingham

West Midlands

B7 4NU

FIXED ASSETS

Tangible assets

4

1,097

1,291

CURRENT ASSETS

Debtors

3,813

11,226

Cash at bank

26,807

17,707

30,620

28,933

CREDITORS

Amounts falling due within one year

29,992

29,165

NET CURRENT ASSETS/(LIABILITIES)

628

(232

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,725

1,059

PROVISIONS FOR LIABILITIES

208

245

NET ASSETS

1,517

814

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,516

813

SHAREHOLDERS' FUNDS

1,517

814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2020 and were signed by:

Mrs H K Nandra - Director

1.	STATUTORY INFORMATION

Phull Vision Ltd is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the

year.

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

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by 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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2019

and 29 February 2020

3,493

DEPRECIATION

At 1 March 2019

2,202

Charge for year

194

At 29 February 2020

2,396

NET BOOK VALUE

At 29 February 2020

1,097

At 28 February 2019

1,291

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs H K Nandra.