Samskara (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03650456

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

SAMSKARA (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T Page

REGISTERED OFFICE:

41 Hinton Way

Great Shelford

Cambridgeshire

CB22 5AX

REGISTERED NUMBER:

03650456

ACCOUNTANTS:

kings mill practice ltd

Accountants

Burma House

Station Path

Staines

Middlesex

TW18 4LA

FIXED ASSETS

Tangible assets

2

1,323

1,764

CURRENT ASSETS

Stocks

2,709

1,846

Debtors

2,795

729

Cash at bank

29

-

5,533

2,575

CREDITORS

Amounts falling due within one year

37,850

18,367

NET CURRENT LIABILITIES

(32,317

)

(15,792

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,994

)

(14,028

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(31,094

)

(14,128

)

SHAREHOLDERS' FUNDS

(30,994

)

(14,028

)

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 31 July 2015 and were signed by:

T Page - 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.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on a reducing balance basis on

all tangible assets at rates calculated to write off the cost, less estimated residual value, of each asset over the

expected useful life. The following annual rates have been applied:

Computers & Equipment - 25% reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

2,352

DEPRECIATION

At 1 November 2013

588

Charge for year

441

At 31 October 2014

1,029

NET BOOK VALUE

At 31 October 2014

1,323

At 31 October 2013

1,764

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100