Pramukh Investments Limited
Pramukh Investments Limited
Registered number: 13261314
Unaudited ABRIDGED Financial Statements
For the Period
11 March 2021
to
31 March 2022
BRP Accountancy Limited
Chartered Certified Accountants
7 Park Avenue
Bromley
BR1 4EF
Pramukh Investments Limited
Unaudited Financial Statements
For the Period
11 March 2021
to
31 March 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
Pramukh Investments Limited
Abridged Balance Sheet
As at
31 March 2022
Abridged Balance Sheet
Registered number:
13261314
For the period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2022 in accordance with section 444(2A) of the Companies Act 2006.
| 31 March 2022 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
||
| Creditors: Amounts Falling Due After More Than One Year | (291,554) | ||
| NET LIABILITIES |
( |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 4 |
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| Profit and Loss Account |
( |
||
| SHAREHOLDERS' FUNDS | (6,800) | ||
Pramukh Investments Limited
Abridged Balance Sheet (continued)
As at
31 March 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
|
Director
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The notes on pages 3 to 4 form part of these financial statements.
Pramukh Investments Limited
Notes to the Abridged Financial Statements
For the Period
11 March 2021
to
31 March 2022
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
1.4.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
Pramukh Investments Limited
Notes to the Abridged Financial Statements (continued)
For the Period
11 March 2021
to
31 March 2022
3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
|
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| Additions |
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| As at
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| Net Book Value | |
| As at
|
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| As at
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5.
General Information
Pramukh Investments Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
13261314
. The registered office is 59-61 Loampit Hill, London, SE13 7SZ.