Abbreviated Company Accounts - PINAKI ASSET MANAGEMENT LIMITED

PINAKI ASSET MANAGEMENT LIMITED - Company Information

08691454 PINAKI ASSET MANAGEMENT LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 08691454 2015-10-01 2016-09-30 08691454 2016-09-30 08691454 2015-09-30 08691454 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 08691454 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 08691454

PINAKI ASSET MANAGEMENT LIMITED

Abbreviated Accounts

30 September 2016

PINAKI ASSET MANAGEMENT LIMITED Registered Number 08691454

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	1,001
Investments	3	124,500	124,500
		124,500	125,501
Current assets
Debtors		2,683	33,798
Cash at bank and in hand		218,582	222,556
		221,265	256,354
Creditors: amounts falling due within one year		(21,019)	(56,093)
Net current assets (liabilities)		200,246	200,261
Total assets less current liabilities		324,746	325,762
Total net assets (liabilities)		324,746	325,762
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		324,646	325,662
Shareholders' funds		324,746	325,762

For the year ending 30 September 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 May 2017

And signed on their behalf by:
R Sharma, Director
R Sharma, Director

PINAKI ASSET MANAGEMENT LIMITED Registered Number 08691454

Notes to the Abbreviated Accounts for the period ended 30 September 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 net Invoiced sale of services, excluding value added tax.

Tangible assets depreciation policy
33% on cost

2Tangible fixed assets

	£
Cost
At 1 October 2015	2,944
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	2,944
Depreciation
At 1 October 2015	1,943
Charge for the year	1,001
On disposals	-
At 30 September 2016	2,944
Net book values
At 30 September 2016	0
At 30 September 2015	1,001

33% on Cost

3Fixed assets Investments
Included in unlisted investments of £124,500 which is a 50% share in a Iris Asset Management Limited (Company Number 09108070)., a company register in England and Wales.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100