R Bajekal Limited Small abbreviated accounts

FY Private Limited Company Company accounts 2016-09-28 2016-09-28 false true false false false false false false false false false false true true 2015-01-01 true xbrli:pure xbrli:shares iso4217:GBP 07473004 2015-01-01 2015-12-31 07473004 2015-12-31 07473004 2014-12-31 07473004 2014-12-31 07473004 uk-gaap:MotorVehicles 2015-01-01 2015-12-31 07473004 uk-gaap:OfficeEquipment 2015-01-01 2015-12-31 07473004 uk-gaap:NetGoodwill 2015-01-01 2015-12-31 07473004 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-01-01 2015-12-31 07473004 uk-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 07473004 uk-bus:Director1 2015-01-01 2015-12-31 07473004 uk-gaap:AllSubsidiaries 2015-01-01 2015-12-31 07473004 uk-bus:OrdinaryShareClass1 2015-12-31 07473004 uk-bus:OrdinaryShareClass1 2014-12-31 07473004 uk-lang:English 2015-01-01 2015-12-31 07473004 uk-curr:PoundSterling 2015-01-01 2015-12-31

COMPANY REGISTRATION NUMBER 07473004

R BAJEKAL LIMITED

ABBREVIATED ACCOUNTS

31 December 2015

ACCOUNTS UNLOCKED LLP

Chartered Certified Accountants

Repton Manor

Repton Avenue

Ashford

Kent

TN23 3GP

R BAJEKAL LIMITED

ABBREVIATED BALANCE SHEET

31 December 2015

	2015	2014
Note	£	£	£
FIXED ASSETS	2
Intangible assets		300,000	360,000
Tangible assets		19,968	24,961
Investments		584,784	538,000
		----------	----------
		904,752	922,961
		----------	----------

CURRENT ASSETS

Debtors	65,199		89,874
Cash at bank and in hand	367,960		168,216
	----------		----------
	433,159		258,090
CREDITORS: Amounts falling due within one year	544,721		546,607
	----------		----------
NET CURRENT LIABILITIES		( 111,562)	( 288,517)
		----------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES		793,190	634,444
		----------	----------

CAPITAL AND RESERVES

Called up equity share capital	3		100	100
Profit and loss account		793,090	634,344
		----------	----------
SHAREHOLDERS' FUNDS		793,190	634,444
		----------	----------

For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his 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 special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved and signed by the director and authorised for issue on 27 September 2016 .

Mr R Bajekal Director

Company Registration Number: 07473004

R BAJEKAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31 DECEMBER 2015

1. ACCOUNTING POLICIES

Basis of accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill-10 years straight line

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor Vehicles-20% reducing balance

Equipment-20% reducing balance

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2. FIXED ASSETS

Intangible Assets	Tangible Assets	Investments	Total
£	£	£	£

COST

At 1 January 2015	600,000	32,797	538,000	1,170,797
Additions	–	–	6,392	6,392
Revaluation	–	–	40,392	40,392
	----------	---------	----------	-------------
At 31 December 2015	600,000	32,797	584,784	1,217,581
	----------	---------	----------	-------------

DEPRECIATION

At 1 January 2015	240,000	7,836	–	247,836
Charge for year	60,000	4,993	–	64,993
	----------	---------	----	----------
At 31 December 2015	300,000	12,829	–	312,829
	----------	---------	----	----------

NET BOOK VALUE

At 31 December 2015	300,000	19,968	584,784	904,752
	----------	---------	----------	----------

At 31 December 2014	360,000	24,961	538,000	922,961
	----------	---------	----------	----------

3. SHARE CAPITAL

Allotted, called up and fully paid:

2015	2014
No	£	No	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----