Arunagiri UK Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06080907

Financial Statements for the Year Ended 31 March 2020

for

Arunagiri UK Ltd

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr S Sivasurathan

REGISTERED OFFICE:

47-49 Baldwins Lane

Croxley Green

Rickmansworth

Hertfordshire

WD3 3LS

REGISTERED NUMBER:

06080907

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

48,840

60,079

CURRENT ASSETS

Stocks

5

85,630

75,450

Debtors

6

1,445

4,094

Prepayments and accrued income

-

4,250

Cash at bank

9,119

175

96,194

83,969

CREDITORS

Amounts falling due within one year

7

21,992

22,001

NET CURRENT ASSETS

74,202

61,968

TOTAL ASSETS LESS CURRENT LIABILITIES

123,042

122,047

CREDITORS

Amounts falling due after more than one year

8

50,240

66,280

NET ASSETS

72,802

55,767

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

72,702

55,667

SHAREHOLDERS' FUNDS

72,802

55,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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

The financial statements were approved by the director and authorised for issue on 16 November 2020 and were signed by:

Mr S Sivasurathan - Director

1.	STATUTORY INFORMATION

Arunagiri UK Ltd is a private company, limited by shares , registered in Not specified/Other. 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2019 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2019

213,929

Additions

971

At 31 March 2020

214,900

DEPRECIATION

At 1 April 2019

153,850

Charge for year

12,210

At 31 March 2020

166,060

NET BOOK VALUE

At 31 March 2020

48,840

At 31 March 2019

60,079

5.

STOCKS

31.3.20

31.3.19

£

£

Finished goods

85,630

75,450

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

-

4,094

Directors' current accounts

1,445

-

1,445

4,094

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Tax

6,884

5,340

Social security and other taxes

10,036

5,930

VAT

4,881

2,789

South Street Mini Market

-

7,526

Directors' current accounts

-

247

Pension creditors

191

169

21,992

22,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Hire purchase contracts

9,909

19,909

Amounts owed to group undertakings

35,000

32,500

Barclayloan

5,331

13,871

50,240

66,280

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2019

55,667

Profit for the year

25,035

Dividends

(8,000

)

At 31 March 2020

72,702