Abbreviated Company Accounts - H.S. WALIA LIMITED

Abbreviated Company Accounts - H.S. WALIA LIMITED

H.S. WALIA LIMITED - Company Information

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Registered Number 01559369

H.S. WALIA LIMITED

Abbreviated Accounts

30 April 2016

H.S. WALIA LIMITED Registered Number 01559369

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,048,906 2,048,906
2,048,906 2,048,906
Current assets
Debtors 362 -
Cash at bank and in hand 13,135 4,974
13,497 4,974
Creditors: amounts falling due within one year (360,292) (308,857)
Net current assets (liabilities) (346,795) (303,883)
Total assets less current liabilities 1,702,111 1,745,023
Creditors: amounts falling due after more than one year (573,857) (627,642)
Total net assets (liabilities) 1,128,254 1,117,381
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,128,154 1,117,281
Shareholders' funds 1,128,254 1,117,381
  • For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
H S Walia, Director

H.S. WALIA LIMITED Registered Number 01559369

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Turnover policy
Turnover represents the full market value of all trading income receivable by the company during the financial period. All of the company's turnover was achieved within the United Kingdom.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Land and buildings - not provided

2Tangible fixed assets
£
Cost
At 1 May 2015 2,048,906
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 2,048,906
Depreciation
At 1 May 2015 0
Charge for the year -
On disposals -
At 30 April 2016 0
Net book values
At 30 April 2016 2,048,906
At 30 April 2015 2,048,906