Abbreviated Company Accounts - PUGNAX INTERNATIONAL LIMITED

Abbreviated Company Accounts - PUGNAX INTERNATIONAL LIMITED


Registered Number 06748983

PUGNAX INTERNATIONAL LIMITED

Abbreviated Accounts

30 November 2016

PUGNAX INTERNATIONAL LIMITED Registered Number 06748983

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Current assets
Debtors 2,000 2,000
Cash at bank and in hand 352 4,056
2,352 6,056
Creditors: amounts falling due within one year (3,634) (2,526)
Net current assets (liabilities) (1,282) 3,530
Total assets less current liabilities (1,282) 3,530
Total net assets (liabilities) (1,282) 3,530
Capital and reserves
Called up share capital 2 2 2
Profit and loss account (1,284) 3,528
Shareholders' funds (1,282) 3,530
  • 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 11 September 2017

And signed on their behalf by:
C Galan, Director

PUGNAX INTERNATIONAL LIMITED Registered Number 06748983

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

1Accounting Policies

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 1/3 straight line
2

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2