Company Registration No. 09321782 (England and Wales)
IRULES LIMITED
Annual report and unaudited accounts
for the year ended 30 November 2016
IRULES LIMITED
Annual report and unaudited accounts
Contents
IRULES LIMITED
Company Information
for the year ended 30 November 2016
Directors
Mrs Varsha Ghanate
Mr Sudhir Kumar Ghanate
Company Number
09321782 (England and Wales)
Registered Office
18 NORTHUMBERLAND ROAD
HARROW
HA2 7RD
UNITED KINGDOM
Accountants
Aidhan Accountancy
Sutherland House
3 Lloyds Avenue
London
EC3N 3DS
IRULES LIMITED
Statement of financial position
as at 30 November 2016
Cash at bank and in hand
133,507
99,129
Creditors: amounts falling due within one year
(50,908)
(38,808)
Net current assets
105,279
83,101
Called up share capital
100
100
Profit and loss account
105,179
83,001
Shareholders' funds
105,279
83,101
For the year ending 30 November 2016 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 12 January 2017.
Mr Sudhir Kumar Ghanate
Director
Company Registration No. 09321782
IRULES LIMITED
Statement of Changes in Equity
as at 30 November 2016
Share
capital
Profit
& loss
account
Total
At 1 December 2014
100
-
100
Profit for the year
121,283
121,283
Dividends
(38,282)
(38,282)
At 30 November 2015
100
83,001
83,101
At 1 December 2015
100
83,001
83,101
Profit for the year
160,944
160,944
Dividends
(138,766)
(138,766)
At 30 November 2016
100
105,179
105,279
IRULES LIMITED
Notes to the Accounts
for the year ended 30 November 2016
IRULES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09321782. The registered office and principal place of business is 18 NORTHUMBERLAND ROAD, HARROW, HA2 7RD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Trade debtors
22,680
22,780
5
Creditors: amounts falling due within one year
2016
2015
Corporation tax
40,236
38,558
Other taxes and social security costs
10,022
-
Loans from directors
(100)
-
6
Average number of employees
During the year the average number of employees was 2 (2015: 2).
