Pasian Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09299829 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 6 NOVEMBER 2014 TO 30 NOVEMBER 2015

FOR

PASIAN LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Dhaliwal

Mrs P Dhaliwal

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

09299829 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

2

852

CURRENT ASSETS

Debtors

12,649

Cash at bank

18,565

31,214

CREDITORS

Amounts falling due within one year

24,673

NET CURRENT ASSETS

6,541

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,393

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

7,293

SHAREHOLDERS' FUNDS

7,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 9 April 2016 and were signed on its behalf by:

S Dhaliwal - 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.

Computer equipment

-

33.33% on cost

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

Additions

1,278

At 30 November 2015

1,278

DEPRECIATION

Charge for period

426

At 30 November 2015

426

NET BOOK VALUE

At 30 November 2015

852

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

50

Ordinary B

£1

50

100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of £1 each

50 Ordinary B shares of £1 each

4.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr and Mrs S Dhaliwal by virtue of their ownership of 50%.