Company Registration No. 08376139 (England and Wales)
Punjab Textiles (Leicester) Limited
Unaudited accounts
for the year ended 28 February 2018
Punjab Textiles (Leicester) Limited
Unaudited accounts
Contents
Punjab Textiles (Leicester) Limited
Company Information
for the year ended 28 February 2018
Director
Mohammed Zubair Malik
Company Number
08376139 (England and Wales)
Registered Office
24 Vulcan House
Vulcan Road
Leicester
LE5 3EF
Accountants
Ghumra & Co Limited
45 Broadway Road
Leicester
LE5 5TB
Punjab Textiles (Leicester) Limited
Statement of financial position
as at 28 February 2018
Cash at bank and in hand
27
662
Creditors: amounts falling due within one year
(38,486)
(59,645)
Net current assets/(liabilities)
2,865
(14,870)
Net assets/(liabilities)
2,865
(14,870)
Called up share capital
100
100
Profit and loss account
2,765
(14,970)
Shareholders' funds
2,865
(14,870)
For the year ending 28 February 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 19 November 2018.
Mohammed Zubair Malik
Director
Company Registration No. 08376139
Punjab Textiles (Leicester) Limited
Notes to the Accounts
for the year ended 28 February 2018
Punjab Textiles (Leicester) Limited is a private company, limited by shares, registered in England and Wales, registration number 08376139. The registered office is 24 Vulcan House, Vulcan Road, Leicester, LE5 3EF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of value added tax, of goods provided to customers.
Stock is valued at the lower of cost and net realisable value.
Finished goods
32,840
42,120
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
1,937
Trade creditors
21,455
50,736
Taxes and social security
6,988
2,329
Other creditors
5,884
1,636
Loans from directors
4,159
3,007
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Punjab Textiles (Leicester) Limited
Notes to the Accounts
for the year ended 28 February 2018
8
Average number of employees
During the year the average number of employees was 3 (2017: 3).
