JAY-KRISHNA LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07413710 (England and Wales)

Abbreviated Accounts for the Year Ended 31 October 2014

for

JAY-KRISHNA LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

Mr J Patel

REGISTERED OFFICE:

4 Station Rise

West Norwood

London

SE27 9BW

REGISTERED NUMBER:

07413710 (England and Wales)

ACCOUNTANTS:

Waran & Company

Accountants &

Tax Advisors

570 Kingston Road

Raynes Park

London

SW20 8DR

FIXED ASSETS

Intangible assets

2

45,000

45,000

Tangible assets

3

21,340

21,340

66,340

66,340

CURRENT ASSETS

Stocks

21,500

-

Debtors

62,262

11,933

Cash at bank

252,398

243,024

336,160

254,957

CREDITORS

Amounts falling due within one year

300,022

299,181

NET CURRENT ASSETS/(LIABILITIES)

36,138

(44,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102,478

22,116

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

102,378

22,016

SHAREHOLDERS' FUNDS

102,478

22,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 July 2015 and were signed by:

Mr J Patel - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

45,000

NET BOOK VALUE

At 31 October 2014

45,000

At 31 October 2013

45,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

21,340

NET BOOK VALUE

At 31 October 2014

21,340

At 31 October 2013

21,340

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

100

Share capital 1

1.00

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Waran & Company

Accountants &

Tax Advisors

570 Kingston Road

Raynes Park

London

SW20 8DR

Date: .............................................