Abbreviated Company Accounts - SALUT E HIND LIMITED

Abbreviated Company Accounts - SALUT E HIND LIMITED


Registered Number SC419447

SALUT E HIND LIMITED

Abbreviated Accounts

31 March 2014

SALUT E HIND LIMITED Registered Number SC419447

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 17,570 -
17,570 -
Current assets
Stocks 6,657 5,873
Cash at bank and in hand 38,876 90,498
45,533 96,371
Net current assets (liabilities) 45,533 96,371
Total assets less current liabilities 63,103 96,371
Creditors: amounts falling due after more than one year (253,079) (135,407)
Total net assets (liabilities) (189,976) (39,036)
Capital and reserves
Called up share capital 2 2
Profit and loss account (189,978) (39,038)
Shareholders' funds (189,976) (39,036)
  • For the year ending 31 March 2014 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 23 December 2014

And signed on their behalf by:
Sukdev Singh Gill, Director

SALUT E HIND LIMITED Registered Number SC419447

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
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.

Valuation information and policy
Stock is valued at the lower of cost and net realizable value.

Other accounting policies
Assets held under finance leases and hire purchase contracts, which are those where substantially
all risks and rewards of ownership of the asset have passed to the company, are capitalized in
the balance sheet and depreciated over their useful lives. The correspoding lease or hire
purchase obligation is treated in the balalnce sheet as a liability.

The Interest element of the rental obligations is charged to the profit and loss account over the
period of the lease and represents a constant proportion of the balance of capital repayments
outstanding.

Rentals paid under operating leases are charged to Income on a straight line basis over the lease
term.

2Tangible fixed assets
£
Cost
At 1 April 2013 -
Additions 21,963
Disposals -
Revaluations -
Transfers -
At 31 March 2014 21,963
Depreciation
At 1 April 2013 -
Charge for the year 4,393
On disposals -
At 31 March 2014 4,393
Net book values
At 31 March 2014 17,570
At 31 March 2013 -