Abbreviated Company Accounts - OBHRAI & SON LIMITED

Abbreviated Company Accounts - OBHRAI & SON LIMITED

OBHRAI & SON LIMITED - Company Information

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Registered Number 02796866

OBHRAI & SON LIMITED

Abbreviated Accounts

31 March 2016

OBHRAI & SON LIMITED Registered Number 02796866

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 911 1,216
911 1,216
Current assets
Stocks - 1,647
Cash at bank and in hand 461 237
461 1,884
Creditors: amounts falling due within one year (1,272) (665)
Net current assets (liabilities) (811) 1,219
Total assets less current liabilities 100 2,435
Total net assets (liabilities) 100 2,435
Capital and reserves
Called up share capital 100 100
Profit and loss account 0 2,335
Shareholders' funds 100 2,435
  • 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 28 December 2016

And signed on their behalf by:
Shashi Obhrai, Director

OBHRAI & SON LIMITED Registered Number 02796866

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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Fixtures, fittings and equipment- 25 % reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2015 61,829
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 61,829
Depreciation
At 1 April 2015 60,613
Charge for the year 305
On disposals -
At 31 March 2016 60,918
Net book values
At 31 March 2016 911
At 31 March 2015 1,216