P S Hall Uk Exports Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05085560 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

P S HALL UK EXPORTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr Harinder Rhoad

Mr Jugdip Singh

REGISTERED OFFICE:

121 Parkfield Road

Wolverhampton

West Midlands

WV4 6EP

REGISTERED NUMBER:

05085560 (England and Wales)

ACCOUNTANTS:

Ark Aurora Ltd

(incorporating Gompertz Kendall & Co)

Chartered Accountants & Chartered Tax Advisers

The Maltings

2 Anderson Rd

Bearwood

Birmingham

West Midlands

B66 4AR

FIXED ASSETS

Tangible assets

2

173,602

173,961

CURRENT ASSETS

Cash at bank and in hand

1,940

2,056

CREDITORS

Amounts falling due within one year

82,590

85,670

NET CURRENT LIABILITIES

(80,650

)

(83,614

)

TOTAL ASSETS LESS CURRENT LIABILITIES

92,952

90,347

CREDITORS

Amounts falling due after more than one year

134,543

147,347

NET LIABILITIES

(41,591

)

(57,000

)

CAPITAL AND RESERVES

Called up share capital

3

301

301

Profit and loss account

(41,892

)

(57,301

)

SHAREHOLDERS' FUNDS

(41,591

)

(57,000

)

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 30 December 2015 and were signed on its behalf by:

Mr Jugdip Singh - 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 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

-

15% on reducing balance

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 April 2014

and 31 March 2015

177,598

DEPRECIATION

At 1 April 2014

3,637

Charge for year

359

At 31 March 2015

3,996

NET BOOK VALUE

At 31 March 2015

173,602

At 31 March 2014

173,961

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

301

Ordinary

1

301

301

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Satnam Rhoad.