Abbreviated Company Accounts - SARA 786 LIMITED

Registered Number 07812400

SARA 786 LIMITED

Abbreviated Accounts

31 October 2015

SARA 786 LIMITED Registered Number 07812400

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,697	6,202
		5,697	6,202
Current assets
Stocks		1,500	2,000
Debtors		9,900	12,900
Cash at bank and in hand		967	1,055
		12,367	15,955
Creditors: amounts falling due within one year		(11,350)	(13,515)
Net current assets (liabilities)		1,017	2,440
Total assets less current liabilities		6,714	8,642
Creditors: amounts falling due after more than one year		(4,217)	(6,756)
Total net assets (liabilities)		2,497	1,886
Capital and reserves
Called up share capital		1	1
Profit and loss account		2,496	1,885
Shareholders' funds		2,497	1,886

For the year ending 31 October 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 28 July 2016

And signed on their behalf by:
Mr I Hussain, Director

SARA 786 LIMITED Registered Number 07812400

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared under the historical cost convention as
modified by the revaluation of certain fixed assets and in accordance with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers for services provided and any goods supplied
including VAT The turnover and operating costs are attributable to the principal
activity of the business being that of a Indian Restaurant.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows:-

Furniture & Fixings 15%

Other accounting policies
Stocks and work in progress are valued at the lower of cost and net realisable value
after making due allowance for obsolete and slow-moving stocks Cost includes all
direct costs and an appropriate proportion of fixed and variable overheads

2Tangible fixed assets

	£
Cost
At 1 November 2014	9,810
Additions	500
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	10,310
Depreciation
At 1 November 2014	3,608
Charge for the year	1,005
On disposals	-
At 31 October 2015	4,613
Net book values
At 31 October 2015	5,697
At 31 October 2014	6,202