Yadana Limited - Limited company accounts 11.6

REGISTERED NUMBER: 04613335 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2014

for

Yadana Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

H K Win

SECRETARY:

REGISTERED OFFICE:

5 Hounslow Gardens

Hounslow

Middlesex

TW3 2DU

REGISTERED NUMBER:

04613335 (England and Wales)

ACCOUNTANTS:

Koshal Associates

Chartered Accountants

Gautam House

1-3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

The director presents his report with the financial statements of the company for the year ended 31 March 2014.

DIRECTOR

H K Win held office during the whole of the period from 1 April 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

H K Win - Director

18 December 2014

TURNOVER

46,431

40,732

Distribution costs

543

4,928

Administrative expenses

20,129

17,758

20,672

22,686

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

25,759

18,046

Tax on profit on ordinary activities

3

5,015

3,681

PROFIT FOR THE FINANCIAL YEAR

20,744

14,365

FIXED ASSETS

Tangible assets

5

2,260

1,578

Investment property

6

528,863

277,086

531,123

278,664

CURRENT ASSETS

Cash at bank

5,741

2,615

CREDITORS

Amounts falling due within one year

7

357,372

119,031

NET CURRENT LIABILITIES

(351,631

)

(116,416

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

179,492

162,248

CREDITORS

Amounts falling due after more than one
year

8

123,890

NET ASSETS

55,602

38,358

CAPITAL AND RESERVES

Called up share capital

9

1

Profit and loss account

10

55,601

38,357

SHAREHOLDERS' FUNDS

55,602

38,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 18 December 2014 and were signed by:

H K Win - 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 April 2008).

Turnover

Turnover represents net invoiced sales of 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.14

31.3.13

£

Depreciation - owned assets

2,426

805

Director's remuneration and other benefits etc

100

6,000

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31.3.14

31.3.13

£

Current tax:

UK corporation tax

5,015

3,681

Tax on profit on ordinary activities

5,015

3,681

4.

DIVIDENDS

31.3.14

31.3.13

£

Ordinary share of £1.00

Final

3,500

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2013

1,578

Additions

1,435

At 31 March 2014

3,013

DEPRECIATION

Charge for year

753

At 31 March 2014

753

NET BOOK VALUE

At 31 March 2014

2,260

At 31 March 2013

1,578

6.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2013

277,891

Additions

253,450

At 31 March 2014

531,341

DEPRECIATION

At 1 April 2013

805

Charge for year

1,673

At 31 March 2014

2,478

NET BOOK VALUE

At 31 March 2014

528,863

At 31 March 2013

277,086

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

Tax

5,015

3,681

Social security and other taxes

1,051

Directors' current accounts

350,742

113,819

Accrued expenses

564

480

357,372

119,031

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.14

31.3.13

£

Loan Account

122,790

Payments on account

1,100

123,890

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1.00

1

10.

RESERVES

Profit

and loss

account

£

At 1 April 2013

38,357

Profit for the year

20,744

Dividends

(3,500

)

At 31 March 2014

55,601