Abbreviated Company Accounts - AUJLA PROPERTY LIMITED

AUJLA PROPERTY LIMITED - Company Information

08987582 AUJLA PROPERTY LIMITED 2015-04-30 false 2014-04-09 2015-04-30 true 08987582 2014-04-09 2015-04-30 08987582 2015-04-30 08987582 uk-gaap-cd-bus:Director1 2014-04-09 2015-04-30 08987582 uk-gaap-cd-bus:Director2 2014-04-09 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-09 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08987582

AUJLA PROPERTY LIMITED

Abbreviated Accounts

30 April 2015

AUJLA PROPERTY LIMITED Registered Number 08987582

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	1,031,941
		1,031,941
Current assets
Debtors		1
		1
Creditors: amounts falling due within one year		(605,175)
Net current assets (liabilities)		(605,174)
Total assets less current liabilities		426,767
Creditors: amounts falling due after more than one year		(443,824)
Total net assets (liabilities)		(17,057)
Capital and reserves
Called up share capital	3	1
Profit and loss account		(17,058)
Shareholders' funds		(17,057)

For the year ending 30 April 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 June 2016

And signed on their behalf by:
Mr Karamjit Singh Aujla, Director

AUJLA PROPERTY LIMITED Registered Number 08987582

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The company meets its day to day working capital requirements through an overdraft facility which is repayable on demand.

The nature of the company's business is such that there can be considerable unpredictable variation in the timing of cash inflows. The director have prepared projected cash flow information for the period ending 9 months from the date of their approval of these financial statements. On the basis of this cash flow information and discussions with the company's bankers, the director consider that the company will continue to operate within the facility currently agreed and within that which they expect will be agreed, when the company's bankers are due to consider renewing the facility for a further year.
However, the margin of facilities over requirements is not large and, inherently there can be no certainty in relation to these matters. On this basis, the director consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the overdraft facility by the company's bankers.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets

	£
Cost
Additions	1,031,941
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	1,031,941
Depreciation
Charge for the year	-
On disposals	-
At 30 April 2015	-
Net book values
At 30 April 2015	1,031,941

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
1 Ordinary shares of £1 each	1