| BHUDIA LIMITED |
| Registered number: |
05085530 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
230,000 |
|
|
276,000 |
| Tangible assets |
3 |
|
|
22,758 |
|
|
40,970 |
|
|
|
|
252,758 |
|
|
316,970 |
|
| Current assets |
| Stocks |
|
|
53,000 |
|
|
47,900 |
| Debtors |
|
|
273,915 |
|
|
250,724 |
| Cash at bank and in hand |
|
|
80,968 |
|
|
74,419 |
|
|
|
407,883 |
|
|
373,043 |
|
| Creditors: amounts falling due within one year |
|
|
(612,537) |
|
|
(620,944) |
|
| Net current liabilities |
|
|
|
(204,654) |
|
|
(247,901) |
|
| Net assets |
|
|
|
48,104 |
|
|
69,069 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
48,004 |
|
|
68,969 |
|
| Shareholders' funds |
|
|
|
48,104 |
|
|
69,069 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C M Patel |
| Director |
| Approved by the board on 7 December 2014 |
|
| BHUDIA LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
460,000 |
|
At 31 March 2014 |
460,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2013 |
184,000 |
|
Provided during the year |
46,000 |
|
At 31 March 2014 |
230,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
230,000 |
|
At 31 March 2013 |
276,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
111,290 |
|
Additions |
4,513 |
|
At 31 March 2014 |
115,803 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
70,320 |
|
Charge for the year |
22,725 |
|
At 31 March 2014 |
93,045 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
22,758 |
|
At 31 March 2013 |
40,970 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
