Punjab Textiles Leicester Limited |
Registered number: |
08376139 |
Abbreviated Balance Sheet |
as at 29 February 2016 |
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Current assets |
Stocks |
|
|
23,950 |
|
|
24,670 |
Debtors |
|
|
2,173 |
|
|
7,499 |
Cash at bank and in hand |
|
|
4,902 |
|
|
1,505 |
|
|
|
31,025 |
|
|
33,674 |
|
Creditors: amounts falling due within one year |
|
|
(43,259) |
|
|
(38,077) |
|
Net current liabilities |
|
|
|
(12,234) |
|
|
(4,403) |
|
Net liabilities |
|
|
|
(12,234) |
|
|
(4,403) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(12,334) |
|
|
(4,503) |
|
Shareholder's funds |
|
|
|
(12,234) |
|
|
(4,403) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
MOHAMMED ZUBAIR MALIK |
Director |
Approved by the board on 25 October 2016 |
|
Punjab Textiles Leicester Limited |
Notes to the Abbreviated Accounts |
for the year ended 29 February 2016 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax, of goods provided to customers. |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|