| Polli Investments Limited |
|
| Report to the director on the preparation of the unaudited abbreviated accounts of Polli Investments Limited for the year ended 30 June 2015 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Polli Investments Limited for the year ended 30 June 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| SAH Accountants |
| Chartered Certified Accountants |
| 19 Harewood Road |
| Deepdale |
| Preston |
| Lancashire |
| PR1 6XH |
|
| 25 August 2015 |
|
| Polli Investments Limited |
| Registered number: |
05483072 |
| Abbreviated Balance Sheet |
| as at 30 June 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
252,546 |
|
|
333,795 |
|
| Current assets |
| Cash at bank and in hand |
|
|
4,819 |
|
|
4,251 |
|
| Creditors: amounts falling due within one year |
|
|
(279,777) |
|
|
(283,637) |
|
| Net current liabilities |
|
|
|
(274,958) |
|
|
(279,386) |
|
| Total assets less current liabilities |
|
|
|
(22,412) |
|
|
54,409 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(61,206) |
|
|
|
| Net liabilities |
|
|
|
(22,412) |
|
|
(6,797) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(22,512) |
|
|
(6,897) |
|
| Shareholders' funds |
|
|
|
(22,412) |
|
|
(6,797) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Hanif Polli |
| Director |
| Approved by the board on 25 August 2015 |
|
| Polli Investments Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective 4/1/2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% Reducing Balance Method |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2014 |
334,855 |
|
Disposals |
(81,084) |
|
At 30 June 2015 |
253,771 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2014 |
1,060 |
|
Charge for the year |
165 |
|
At 30 June 2015 |
1,225 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2015 |
252,546 |
|
At 30 June 2014 |
333,795 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
