Abbreviated Company Accounts - PRI KRISHAN LIMITED

PRI KRISHAN LIMITED - Company Information

06437669 PRI KRISHAN LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 06437669 2015-12-01 2016-11-30 06437669 2016-11-30 06437669 2015-11-30 06437669 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 06437669 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 06437669

PRI KRISHAN LIMITED

Abbreviated Accounts

30 November 2016

PRI KRISHAN LIMITED Registered Number 06437669

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	24,926	27,658
		24,926	27,658
Current assets
Stocks		27,590	27,525
Debtors		2,882	2,951
Cash at bank and in hand		124,552	105,390
		155,024	135,866
Creditors: amounts falling due within one year		(137,376)	(136,785)
Net current assets (liabilities)		17,648	(919)
Total assets less current liabilities		42,574	26,739
Total net assets (liabilities)		42,574	26,739
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		42,474	26,639
Shareholders' funds		42,574	26,739

For the year ending 30 November 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 24 June 2017

And signed on their behalf by:
Mr S D Sharma, Director

PRI KRISHAN LIMITED Registered Number 06437669

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% Reducing balance method

Other accounting policies
Leasing :
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Stock :
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 December 2015	73,314
Additions	1,667
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	74,981
Depreciation
At 1 December 2015	45,656
Charge for the year	4,399
On disposals	-
At 30 November 2016	50,055
Net book values
At 30 November 2016	24,926
At 30 November 2015	27,658

3Called Up Share Capital
Allotted, called up and fully paid:

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