Abbreviated Company Accounts - THE HOUSE OF MISTRY LIMITED

Abbreviated Company Accounts - THE HOUSE OF MISTRY LIMITED

THE HOUSE OF MISTRY LIMITED - Company Information

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Registered Number 03979289

THE HOUSE OF MISTRY LIMITED

Abbreviated Accounts

31 March 2014

THE HOUSE OF MISTRY LIMITED Registered Number 03979289

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 400,000 400,000
Tangible assets 3 39,682 44,653
439,682 444,653
Current assets
Stocks 38,175 39,250
Debtors 31,311 78,621
Cash at bank and in hand 25,529 2,942
95,015 120,813
Creditors: amounts falling due within one year (145,335) (159,434)
Net current assets (liabilities) (50,320) (38,621)
Total assets less current liabilities 389,362 406,032
Creditors: amounts falling due after more than one year (81,043) (89,712)
Provisions for liabilities (1,220) (1,220)
Total net assets (liabilities) 307,099 315,100
Capital and reserves
Called up share capital 4,001 4,001
Profit and loss account 303,098 311,099
Shareholders' funds 307,099 315,100
  • For the year ending 31 March 2014 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 22 May 2014

And signed on their behalf by:
Chhaganbhai Dahyabhai Mistry, Director

THE HOUSE OF MISTRY LIMITED Registered Number 03979289

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
FF & Equipment 15% reducing balance
Motor Vehicle 25% reducing balance

2Intangible fixed assets
£
Cost
At 1 April 2013 400,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 400,000
Amortisation
At 1 April 2013 -
Charge for the year -
On disposals -
At 31 March 2014 -
Net book values
At 31 March 2014 400,000
At 31 March 2013 400,000
3Tangible fixed assets
£
Cost
At 1 April 2013 116,176
Additions 1,328
Disposals -
Revaluations -
Transfers -
At 31 March 2014 117,504
Depreciation
At 1 April 2013 71,523
Charge for the year 6,299
On disposals -
At 31 March 2014 77,822
Net book values
At 31 March 2014 39,682
At 31 March 2013 44,653