Garcha & Bains Limited - Limited company - abbreviated - 11.0.0

Garcha & Bains Limited - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 05993973 (England and Wales)















Abbreviated Accounts for the Year Ended 30 November 2013

for

Garcha & Bains Limited

Garcha & Bains Limited (Registered number: 05993973)






Contents of the Abbreviated Accounts
for the Year Ended 30 November 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 5

Garcha & Bains Limited

Company Information
for the Year Ended 30 November 2013







DIRECTORS: Mr Onkar Singh Bains
Mr Sohan Singh Garcha





SECRETARY: Mrs Kaldish Kaur Bains





REGISTERED OFFICE: Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 05993973 (England and Wales)





ACCOUNTANTS: Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD

Garcha & Bains Limited (Registered number: 05993973)

Abbreviated Balance Sheet
30 November 2013

30.11.13 30.11.12
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 80,483 80,483
Tangible assets 3 13,197 15,945
93,680 96,428

CURRENT ASSETS
Stocks 39,104 40,495
Debtors 4,508 4,319
Cash in hand 2,085 1,331
45,697 46,145
CREDITORS
Amounts falling due within one year 55,716 53,182
NET CURRENT LIABILITIES (10,019 ) (7,037 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,661

89,391

CREDITORS
Amounts falling due after more than one
year

67,238

76,770
NET ASSETS 16,423 12,621

CAPITAL AND RESERVES
Called up share capital 4 3 3
Profit and loss account 16,420 12,618
SHAREHOLDERS' FUNDS 16,423 12,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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.

Garcha & Bains Limited (Registered number: 05993973)

Abbreviated Balance Sheet - continued
30 November 2013


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 14 May 2014 and were signed on its behalf by:





Mr Onkar Singh Bains - Director


Garcha & Bains Limited (Registered number: 05993973)

Notes to the Abbreviated Accounts
for the Year Ended 30 November 2013

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.

Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2012
and 30 November 2013 80,483
NET BOOK VALUE

At 30 November 2013 80,483
At 30 November 2012 80,483

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2012 31,451
Additions 550
At 30 November 2013 32,001
DEPRECIATION
At 1 December 2012 15,506
Charge for year 3,298
At 30 November 2013 18,804
NET BOOK VALUE
At 30 November 2013 13,197
At 30 November 2012 15,945

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.13 30.11.12
value: £    £   
3 Ordinary 1 3 3

Garcha & Bains Limited

Report of the Accountants to the Directors of
Garcha & Bains Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
30 November 2013 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD


Date: .............................................