Prem Sehmi Holdings Limited - Abbreviated accounts 16.3
Prem Sehmi Holdings Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| PREM SEHMI HOLDINGS LIMITED |
| PREM SEHMI HOLDINGS LIMITED (REGISTERED NUMBER: 07994354) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| PREM SEHMI HOLDINGS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| PREM SEHMI HOLDINGS LIMITED (REGISTERED NUMBER: 07994354) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on behalf by: |
| PREM SEHMI HOLDINGS LIMITED (REGISTERED NUMBER: 07994354) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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 services, excluding value added tax. |
| 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. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2015 | 154,544 |
| Additions | 75,120 |
| Disposals | (103 | ) |
| At 31 March 2016 | 229,561 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| £ | £ |
| Aggregate capital and reserves | - | 252,773 |
| Profit for the year | - | 548,061 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (839,491 | ) | (770,967 | ) |
| Loss for the year | (68,524 | ) | (131,218 | ) |
| PREM SEHMI HOLDINGS LIMITED (REGISTERED NUMBER: 07994354) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary A | 50.00 |
| £ | £ |
| Aggregate capital and reserves | 41,925 | 41,925 |
| Profit for the year | - | 55,773 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary B | 28.00 |
| £ | £ |
| Aggregate capital and reserves | 86,030 | 86,030 |
| Loss for the year | - | (34,230 | ) |
| During the year the above investment was impaired and written down to £1. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 50.00 |
| £ | £ |
| Aggregate capital and reserves | 322,889 | 71,738 |
| Profit for the year | 251,151 | 134,968 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 50.00 |
| £ | £ |
| Aggregate capital and reserves | (39,506 | ) | 16,577 |
| (Loss)/profit for the year | (56,083 | ) | 39,188 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 14,190 | 47,430 |
| Profit/(loss) for the year | 66,760 | (10,174 | ) |
| PREM SEHMI HOLDINGS LIMITED (REGISTERED NUMBER: 07994354) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | (298,883 | ) |
| Loss for the year | (298,983 | ) |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |