Lahori Kulfi Limited - Abbreviated accounts

Registered number

04873961

Lahori Kulfi Limited

Abbreviated Accounts

30 April 2015

J S Gulati & Co

Chartered Accountants

Lahori Kulfi Limited
Registered number:		04873961
Abbreviated Balance Sheet
as at 30 April 2015

Notes			2015			2014
£				£
Current assets
Stocks		1,801			1,591
Cash at bank and in hand		3,168			752
		4,969			2,343

Creditors: amounts falling due within one year		(5,619)			(4,503)

Net current liabilities			(650)			(2,160)

Net liabilities			(650)			(2,160)

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			(750)			(2,260)

Shareholder's funds			(650)			(2,160)

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 member has 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.



M Y Chaudhry
Director
Approved by the board on 28 January 2016

Lahori Kulfi Limited						Registered number
Notes to the Abbreviated Accounts						04873961
for the year ended 30 April 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 January 2015).

	Going concern
	The company's total liabilities have been in excess of its total assets resulting in insolvent position of the business. The company's management and its directors are continuing to look for new ways to increase its sales and business activities, his accounts are prepared on a going concern basis, subject to full support of its directors, members and its bankers.

	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.

	Stocks
	Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100