Patriana Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05239108 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2016

for

Patriana Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Dear

SECRETARY:

Mr P Dear

REGISTERED OFFICE:

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

REGISTERED NUMBER:

05239108 (England and Wales)

ACCOUNTANTS:

Haines Watts Kent LLP

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

FIXED ASSETS

Tangible assets

2

180

241

CURRENT ASSETS

Stocks

7,100

6,580

Debtors

8,358

8,525

Cash at bank and in hand

6,121

9,680

21,579

24,785

CREDITORS

Amounts falling due within one year

26,991

26,511

NET CURRENT LIABILITIES

(5,412

)

(1,726

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,232

)

(1,485

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(5,233

)

(1,486

)

SHAREHOLDERS' FUNDS

(5,232

)

(1,485

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19th July 2017 and were signed by:

Mr P Dear - 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 and services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling

at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

Going concern

The financial statements have been prepared on a going concern basis. Uncertainties which may cast

doubt about the ability of the company to continue as a going concern have been identified by the

shareholders.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2015

and 30th September 2016

3,017

DEPRECIATION

At 1st October 2015

2,776

Charge for year

61

At 30th September 2016

2,837

NET BOOK VALUE

At 30th September 2016

180

At 30th September 2015

241

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

1