| Bangla Pride (Telford) Limited |
| Registered number: |
09462664 |
| Balance Sheet |
| as at 28 February 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,926 |
|
|
4,970 |
|
| Current assets |
| Stocks |
|
|
1,769 |
|
|
1,750 |
| Debtors |
4 |
|
60 |
|
|
663 |
| Cash at bank and in hand |
|
|
5,138 |
|
|
3,908 |
|
|
|
6,967 |
|
|
6,321 |
|
| Creditors: amounts falling due within one year |
5 |
|
(19,168) |
|
|
(21,063) |
|
| Net current liabilities |
|
|
|
(12,201) |
|
|
(14,742) |
|
| Net liabilities |
|
|
|
(7,275) |
|
|
(9,772) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(7,375) |
|
|
(9,872) |
|
| Shareholder's funds |
|
|
|
(7,275) |
|
|
(9,772) |
|
|
|
|
|
|
|
|
| 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. |
| The member has 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Fazlul Karim |
| Director |
| Approved by the board on 21 September 2018 |
|
| Bangla Pride (Telford) Limited |
| Notes to the Accounts |
| for the year ended 28 February 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on tangible fixed assets, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
20% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2018 |
|
2017 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 March 2017 |
7,163 |
|
Additions |
950 |
|
At 28 February 2018 |
8,113 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2017 |
2,193 |
|
Charge for the year |
994 |
|
At 28 February 2018 |
3,187 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2018 |
4,926 |
|
At 28 February 2017 |
4,970 |
|
|
| 4 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Other debtors |
60 |
|
663 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
3,148 |
|
3,890 |
|
Taxation and social security costs |
3,981 |
|
3,415 |
|
Other creditors |
12,039 |
|
13,758 |
|
|
|
|
|
|
19,168 |
|
21,063 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
In the opinion of the director, the company is solely controlled by Fazlul Karim. |
|
|
| 7 |
Other information |
|
|
Bangla Pride (Telford) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
69 Market Street |
|
Oakengates |
|
Telford |
|
TF2 6EA |
