PELHAM SUPERMARKETS LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 04848316

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2015

FOR

PELHAM SUPERMARKETS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R VERMA

S VERMA

SECRETARY:

MRS R VERMA

REGISTERED OFFICE:

11 PORTLAND ROAD

EDGBASTON

BIRMINGHAM

West Midlands

B16 9HN

REGISTERED NUMBER:

04848316

ACCOUNTANTS:

SHABIR NAWAB & CO

11 PORTLAND ROAD

EDGBASTON

BIRMINGHAM

West Midlands

B16 9HN

FIXED ASSETS

Tangible assets

2

3,046

3,742

CURRENT ASSETS

Stocks

32,750

36,500

Cash at bank and in hand

13,909

15,661

46,659

52,161

CREDITORS

Amounts falling due within one year

9,967

9,616

NET CURRENT ASSETS

36,692

42,545

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,738

46,287

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

39,736

46,285

SHAREHOLDERS' FUNDS

39,738

46,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 29 April 2016 and were signed on its
behalf by:

R VERMA - 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 goods, 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.

Plant and machinery etc

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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 August 2014

and 31 July 2015

6,962

DEPRECIATION

At 1 August 2014

3,220

Charge for year

696

At 31 July 2015

3,916

NET BOOK VALUE

At 31 July 2015

3,046

At 31 July 2014

3,742

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

ORDINARY

1

2