Abbreviated Company Accounts - MASALA HUT UK LIMITED

MASALA HUT UK LIMITED - Company Information

Registered Number 06363178

MASALA HUT UK LIMITED

Abbreviated Accounts

31 October 2013

MASALA HUT UK LIMITED Registered Number 06363178

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	93,000	93,000
Tangible assets	3	11,907	14,141
		104,907	107,141
Current assets
Stocks		450	835
Cash at bank and in hand		360	740
		810	1,575
Creditors: amounts falling due within one year		(113,666)	(113,298)
Net current assets (liabilities)		(112,856)	(111,723)
Total assets less current liabilities		(7,949)	(4,582)
Total net assets (liabilities)		(7,949)	(4,582)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(8,049)	(4,682)
Shareholders' funds		(7,949)	(4,582)

For the year ending 31 October 2013 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 25 July 2014

And signed on their behalf by:
M I HAKIM, Director

MASALA HUT UK LIMITED Registered Number 06363178

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
20% on written down value.

2Intangible fixed assets

	£
Cost
At 1 November 2012	93,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	93,000
Amortisation
At 1 November 2012	-
Charge for the year	-
On disposals	-
At 31 October 2013	-
Net book values
At 31 October 2013	93,000
At 31 October 2012	93,000

3Tangible fixed assets

	£
Cost
At 1 November 2012	27,142
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	27,142
Depreciation
At 1 November 2012	13,001
Charge for the year	2,234
On disposals	-
At 31 October 2013	15,235
Net book values
At 31 October 2013	11,907
At 31 October 2012	14,141