Abbreviated Company Accounts - PRODHKS LTD

Registered Number 08457550

PRODHKS LTD

Abbreviated Accounts

31 March 2015

PRODHKS LTD Registered Number 08457550

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,505	475
		1,505	475
Current assets
Stocks		57,500	19,825
Debtors		256	950
Cash at bank and in hand		63,296	748
		121,052	21,523
Creditors: amounts falling due within one year		(104,229)	(17,378)
Net current assets (liabilities)		16,823	4,145
Total assets less current liabilities		18,328	4,620
Total net assets (liabilities)		18,328	4,620
Capital and reserves
Called up share capital		1	1
Profit and loss account		18,327	4,619
Shareholders' funds		18,328	4,620

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 December 2015

And signed on their behalf by:
Mr Dipan Patel, Director

PRODHKS LTD Registered Number 08457550

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:

Fixtures, fittings and equipment - 25% Reducing balance

Other accounting policies
Related Party Transactions:
The company is controlled by Mr Dipan Patel, the company's Managing Director, it is confirmed that Director current account is debited with personal transactions and credited with Directors Remuneration as well as Dividends.

2Tangible fixed assets

	£
Cost
At 1 April 2014	600
Additions	1,532
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,132
Depreciation
At 1 April 2014	125
Charge for the year	502
On disposals	-
At 31 March 2015	627
Net book values
At 31 March 2015	1,505
At 31 March 2014	475