Johar Trading Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07153595 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2016

for

Johar Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B S Johar

Mrs P Johar

REGISTERED OFFICE:

Kings House

2nd Floor

202 Lower High Street

Watford

Hertfordshire

WD17 2EH

REGISTERED NUMBER:

07153595 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,811

3,247

CURRENT ASSETS

Cash at bank and in hand

96,996

74,273

CREDITORS

Amounts falling due within one year

99,736

76,734

NET CURRENT LIABILITIES

(2,740

)

(2,461

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

71

786

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

67

782

SHAREHOLDERS' FUNDS

71

786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 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.

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 19 October 2016 and were signed on its behalf
by:

B S Johar - 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.

Plant and machinery

-

25% on reducing balance

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

5,244

Additions

501

At 28 February 2016

5,745

DEPRECIATION

At 1 March 2015

1,997

Charge for year

937

At 28 February 2016

2,934

NET BOOK VALUE

At 28 February 2016

2,811

At 28 February 2015

3,247

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.16

28.2.15

value:

£

4

Ordinary

£1

4