Abbreviated Company Accounts - PADDA (UK) LIMITED

Abbreviated Company Accounts - PADDA (UK) LIMITED

PADDA (UK) LIMITED - Company Information

Print Friendly Version

Registered Number 07192496

PADDA (UK) LIMITED

Abbreviated Accounts

31 March 2016

PADDA (UK) LIMITED Registered Number 07192496

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 24,000 27,500
Tangible assets 3 7,743 9,110
31,743 36,610
Current assets
Stocks 65,121 59,029
Debtors 35,480 35,480
Cash at bank and in hand 67,858 67,858
168,459 162,367
Creditors: amounts falling due within one year (7,095) (7,095)
Net current assets (liabilities) 161,364 155,272
Total assets less current liabilities 193,107 191,882
Creditors: amounts falling due after more than one year (141,978) (141,978)
Total net assets (liabilities) 51,129 49,904
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 50,129 48,904
Shareholders' funds 51,129 49,904
  • For the year ending 31 March 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 22 December 2016

And signed on their behalf by:
Gurpreet Padda, Director

PADDA (UK) LIMITED Registered Number 07192496

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

2Intangible fixed assets
£
Cost
At 1 April 2015 35,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 35,000
Amortisation
At 1 April 2015 7,500
Charge for the year 3,500
On disposals -
At 31 March 2016 11,000
Net book values
At 31 March 2016 24,000
At 31 March 2015 27,500
3Tangible fixed assets
£
Cost
At 1 April 2015 16,644
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 16,644
Depreciation
At 1 April 2015 7,534
Charge for the year 1,367
On disposals -
At 31 March 2016 8,901
Net book values
At 31 March 2016 7,743
At 31 March 2015 9,110