Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

MARGEL PVT LTD - Company Information

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075752292015-04-012016-03-31falsetruehttp://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:Director12015-04-012016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-04-012016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2015-04-012016-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/2016-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-04-012016-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07575229
MARGEL PVT LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2016
Prepared By:
Swan Accounting Services
55 Stephens Road
London
E15 3JJ
MARGEL PVT LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 07575229
MARGEL PVT LTD
Registered Number: 07575229
BALANCE SHEET AT 31/03/2016
20162015
Notes££
CURRENT ASSETS
Debtors (amounts falling due within one year)22,3482,579
Cash at bank and in hand1,213201
3,5612,780
CREDITORS: Amounts falling due within one year2,8522,077
NET CURRENT ASSETS709703
TOTAL ASSETS LESS CURRENT LIABILITIES709703
CAPITAL AND RESERVES
Called up share capital31010
Profit and loss account699693
SHAREHOLDERS' FUNDS709703
For the year ending 31/03/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 04/11/2016 and signed on their behalf by
Marjorie RUZANI
Director
MARGEL PVT LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. DEBTORS 20162015
££
Amounts falling due within one year:
Other debtors2,3482,579
2,3482,579
3. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010