J.M.Baxi (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06571783 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

J.M.BAXI (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Kotak

D Kotak

SECRETARY:

A M Delaney

REGISTERED OFFICE:

1 St Mark Street

London

E1 8DA

REGISTERED NUMBER:

06571783 (England and Wales)

ACCOUNTANTS:

StevieC Accountancy Limited

12 Compton Road

Croydon

Surrey

CR0 7JA

FIXED ASSETS

Tangible assets

2

-

89

CURRENT ASSETS

Debtors

29,959

22,675

Cash at bank

577

6,266

30,536

28,941

CREDITORS

Amounts falling due within one year

3,377

1,994

NET CURRENT ASSETS

27,159

26,947

TOTAL ASSETS LESS CURRENT LIABILITIES

27,159

27,036

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

27,158

27,035

SHAREHOLDERS' FUNDS

27,159

27,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 June 2015 and were signed on its behalf by:

D Kotak - 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).

The sole client, J M Baxi & Co, has provided assurances of its continued support of the company to cover its

indebtedness to third parties for at least 12 months from the date of signing the financial statements.

On the basis of these assurances the directors consider it appropriate to prepare the financial statements on the

going concern basis. The financial statements do not include any adjustments that would result from a withdrawal

of the support outlined above.

Turnover

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

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 cost

Computer equipment

-

20% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date

of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

5,098

DEPRECIATION

At 1 April 2014

5,009

Charge for year

89

At 31 March 2015

5,098

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

89

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

4.	CONTROLLING PARTY

The company was controlled throughout the current and previous year by K Kotak.