Bangla Pride (Telford) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09462664 (England and Wales)

Bangla Pride (Telford) Limited

Unaudited Financial Statements for the Year Ended 28 February 2020

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

10,832

7,237

CURRENT ASSETS

Stocks

2,479

1,979

Debtors

5

739

1,263

Cash at bank and in hand

8,176

5,263

11,394

8,505

CREDITORS

Amounts falling due within one year

6

(18,610

)

(18,732

)

NET CURRENT LIABILITIES

(7,216

)

(10,227

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,616

(2,990

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,516

(3,090

)

3,616

(2,990

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 January 2021 and were signed by:

Fazlul Karim - Director

1.	STATUTORY INFORMATION

Bangla Pride (Telford) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09462664

Registered office:

69 Market Street

Oakengates

Telford

Shropshire

TF2 6EA

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.

Plant and machinery

-

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.

Taxation

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 4 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2019

11,409

-

11,409

Additions

-

5,500

5,500

At 28 February 2020

11,409

5,500

16,909

DEPRECIATION

At 1 March 2019

4,172

-

4,172

Charge for year

1,447

458

1,905

At 28 February 2020

5,619

458

6,077

NET BOOK VALUE

At 28 February 2020

5,790

5,042

10,832

At 28 February 2019

7,237

-

7,237

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

739

582

Other debtors

-

681

739

1,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

1,167

2,969

Taxation and social security

7,690

4,853

Other creditors

9,753

10,910

18,610

18,732

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Fazlul Karim.