Accounts filed on 30-09-2016


Registered number: 08679543






Patrick Akinya Ltd


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/09/2016
























Prepared By:
DNS Associates
Chartered Management Accountants
Pacific House
382 Kenton Road
Harrow
Middlesex
HA3 8DP


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/09/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08679543


Registered Number: 08679543

BALANCE SHEET AT 30/09/2016

			2016		2015
	Notes		£		£


CURRENT ASSETS
Stock		-		162,792
Debtors (amounts falling due within one year)	2	10,945		10,945
Cash at bank and in hand		434		434
		11,379		174,171
CREDITORS: Amounts falling due within one year		158,028		158,028
NET CURRENT (LIABILITIES) / ASSETS			(146,649)		16,143
TOTAL ASSETS LESS CURRENT LIABILITIES			(146,649)		16,143


CREDITORS: Amounts falling due after more than one year	3		53,707		53,707

NET LIABILITIES			(200,356)		(37,564)

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			(200,456)		(37,664)
SHAREHOLDERS' FUNDS			(200,356)		(37,564)

For the year ending 30/09/2016 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 30/06/2017 and signed on their behalf by




Patrick Olajide Akinya
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




2. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	9,500	9,500
Other debtors	1,445	1,445
	10,945	10,945




3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Other creditors	53,707	53,707
	53,707	53,707


Included in other creditors are:
Obligations under hire purchase	53,707	53,707




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100