SOUVNEAR UK LIMITED


SOUVNEAR UK LIMITED

Company Registration Number:
09020005 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

SOUVNEAR UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

SOUVNEAR UK LIMITED

Balance sheet

As at 31 March 2018


Notes

2018

2017


£

£
Current assets
Stocks: 15,921 23,091
Debtors:   14,008 3,193
Cash at bank and in hand: 1,793 32,230
Total current assets: 31,722 58,514
Creditors: amounts falling due within one year:   (40,571) (49,692)
Net current assets (liabilities): (8,849) 8,822
Total assets less current liabilities: (8,849) 8,822
Total net assets (liabilities): (8,849) 8,822
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (8,949) 8,722
Shareholders funds: (8,849) 8,822

The notes form part of these financial statements

SOUVNEAR UK LIMITED

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2018
and signed on behalf of the board by:

Name: Harvinder Mavi
Status: Director

The notes form part of these financial statements

SOUVNEAR UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOUVNEAR UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Related party transactions

Name of the related party: Souvnear Global Private Limited
Relationship:
Parent company
Description of the Transaction: Goods for resale were purchased at market value from the parent company to the value of £54,670.Sales & marketing services were purchased at market value from the parent company to the value of£17,421.
£
Balance at 01 April 2017 12,535
Balance at 31 March 2018 33,486