NIRKAR LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 05601752 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

NIRKAR LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N Dhillon

REGISTERED OFFICE:

39 Ludgate Hill

London

EC4M 7JN

REGISTERED NUMBER:

05601752 (England and Wales)

ACCOUNTANTS:

Euro Andertons LLP

2nd Floor

39 Ludgate Hill

London

EC4M 7JN

FIXED ASSETS

Tangible assets

2

10,706

CURRENT ASSETS

Debtors

6,200

4,115

Cash at bank

-

9,262

6,200

13,377

CREDITORS

Amounts falling due within one year

108,369

116,526

NET CURRENT LIABILITIES

(102,169

)

(103,149

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(91,463

)

(92,443

)

CREDITORS

Amounts falling due after more than one
year

(17,371

)

(9,371

)

PROVISIONS FOR LIABILITIES

(1,419

)

(1,419

)

NET LIABILITIES

(110,253

)

(103,233

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(110,353

)

(103,333

)

SHAREHOLDERS' FUNDS

(110,253

)

(103,233

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 27 July 2016 and were signed by:

N Dhillon - 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 January 2015).

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The director prepared the accounts on the basis of going concern despite the negative net assets.

The company has continuous director support and the director believes that the company will be trading for the

foreseeable future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

35,818

DEPRECIATION

At 1 November 2014

and 31 October 2015

25,112

NET BOOK VALUE

At 31 October 2015

10,706

At 31 October 2014

10,706

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

100

ordinary

1

100