Bala Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05837333 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2015

for

Bala Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P S Balakumar

SECRETARY:

Mrs V Balakumar

REGISTERED OFFICE:

14 Ravensbury Avenue

Morden

Surrey

SM4 6ET

REGISTERED NUMBER:

05837333 (England and Wales)

ACCOUNTANTS:

Bala Ltd

Chartered Certified Accountant

14 Ravensbury Avenue

Morden

Surrey

SM4 6ET

FIXED ASSETS

Intangible assets

2

4,070

4,070

Tangible assets

3

2,244

2,244

6,314

6,314

CURRENT ASSETS

Debtors

36,761

36,761

Cash at bank and in hand

105

104

36,866

36,865

CREDITORS

Amounts falling due within one year

42,966

42,966

NET CURRENT LIABILITIES

(6,100

)

(6,101

)

TOTAL ASSETS LESS CURRENT LIABILITIES

214

213

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

114

113

SHAREHOLDERS' FUNDS

214

213

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 May 2016 and were signed by:

P S Balakumar - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

20,350

AMORTISATION

At 1 September 2014

and 31 August 2015

16,280

NET BOOK VALUE

At 31 August 2015

4,070

At 31 August 2014

4,070

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

6,937

DEPRECIATION

At 1 September 2014

and 31 August 2015

4,693

NET BOOK VALUE

At 31 August 2015

2,244

At 31 August 2014

2,244

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

100

Ordinary

£1

100

100