Sukhdevs Foods Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06647420 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

SUKHDEVS FOODS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Komal

Mrs S Komal

REGISTERED OFFICE:

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 OLT

REGISTERED NUMBER:

06647420 (England and Wales)

FIXED ASSETS

Tangible assets

2

80,893

80,664

CURRENT ASSETS

Stocks

8,566

7,255

Debtors

7,817

15,024

Cash in hand

2,895

3,196

19,278

25,475

CREDITORS

Amounts falling due within one year

130,595

137,215

NET CURRENT LIABILITIES

(111,317

)

(111,740

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,424

)

(31,076

)

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

(31,424

)

(32,076

)

SHAREHOLDERS' FUNDS

(30,424

)

(31,076

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 April 2017 and were signed on its behalf by:

S Komal - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

2% on cost

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

105,158

Additions

7,229

At 31 July 2016

112,387

DEPRECIATION

At 1 August 2015

24,494

Charge for year

7,000

At 31 July 2016

31,494

NET BOOK VALUE

At 31 July 2016

80,893

At 31 July 2015

80,664

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/16

31/7/15

value:

£

1,000

Ordinary

£1

1,000