Spice India Ltd


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Registered number: 9334450
Spice India Ltd
Abbreviated accounts
For the Period 1 December 2014 to 31 December 2015
Apex Accountancy Services (Stratford) Ltd

73 Portway
Stratford
London
E15 3QJ
Abbreviated Balance Sheet
Period to 31 December 2015
Notes £ £
CURRENT ASSETS
Stocks 4,522
Debtors 1,572
Cash at bank and in hand 4,069
10,163
Creditors: Amounts Falling Due Within One Year (35,194)
NET CURRENT ASSETS (LIABILITIES) (25,031)
TOTAL ASSETS LESS CURRENT LIABILITIES (25,031)
NET ASSETS (25,031)
Profit and Loss Account (25,031)
SHAREHOLDERS' FUNDS (25,031)
For the period ending 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Mr Anhar Miah
12/08/2016
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks and Work in Progress
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
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