| Kishore Technologies Limited |
| Registered number: |
06258162 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
|
|
|
|
|
|
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
708 |
|
|
885 |
|
| Current assets |
| Debtors |
|
|
19,436 |
|
|
10,147 |
| Cash at bank and in hand |
|
|
15,708 |
|
|
29,995 |
|
|
|
35,144 |
|
|
40,142 |
|
| Creditors: amounts falling due within one year |
|
|
(29,450) |
|
|
(27,167) |
|
| Net current assets |
|
|
|
5,694 |
|
|
12,975 |
|
| Net assets |
|
|
|
6,402 |
|
|
13,860 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
40 |
|
|
40 |
| Profit and loss account |
|
|
|
6,362 |
|
|
13,820 |
|
| Shareholders' funds |
|
|
|
6,402 |
|
|
13,860 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The Financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
|
|
| Kishore Babu Putta |
| Director |
| Approved by the board on 13 January 2017 |
|
| Kishore Technologies Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover comprises revenue recognised by the company in respect of sales during the period, exclusive of Value Added Tax and trade discounts. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
6,000 |
|
At 31 May 2016 |
6,000 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
5,115 |
|
Charge for the year |
177 |
|
At 31 May 2016 |
5,292 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
708 |
|
At 31 May 2015 |
885 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
40 |
|
40 |
|
40 |
|
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