| P R JAIN LIMITED |
| Registered number: |
08420595 |
| Balance Sheet |
| as at 31 March 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
203 |
|
|
783 |
|
| Current assets |
| Debtors |
4 |
|
5,630 |
|
|
7,726 |
| Investments held as current assets |
5 |
|
280,744 |
|
|
194,186 |
| Cash at bank and in hand |
|
|
42,933 |
|
|
44,887 |
|
|
|
329,307 |
|
|
246,799 |
|
| Creditors: amounts falling due within one year |
6 |
|
(152,199) |
|
|
(73,708) |
|
| Net current assets |
|
|
|
177,108 |
|
|
173,091 |
|
| Total assets less current liabilities |
|
|
|
177,311 |
|
|
173,874 |
|
|
| Provisions for liabilities |
|
|
|
(39) |
|
|
(149) |
|
|
| Net assets |
|
|
|
177,272 |
|
|
173,725 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
177,262 |
|
|
173,715 |
|
| Shareholders' funds |
|
|
|
177,272 |
|
|
173,725 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
|
|
| Dr P Jain |
| Director |
| Approved by the board on 20 December 2018 |
|
| P R JAIN LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 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. Turnover includes revenue earned from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at the following annual rates in order to write off assets over its estimated useful life. |
|
|
Plant and machinery etc. |
33% on cost |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
Pensions |
|
The company make contributions in to a Director's personal pension scheme. Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2018 |
|
2017 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2017 |
1,759 |
|
At 31 March 2018 |
1,759 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2017 |
976 |
|
Charge for the year |
580 |
|
At 31 March 2018 |
1,556 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
203 |
|
At 31 March 2017 |
783 |
|
|
| 4 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
5,630 |
|
7,459 |
|
Other debtors |
- |
|
267 |
|
|
|
|
|
|
5,630 |
|
7,726 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2018 |
|
2017 |
| £ |
£ |
|
Fair value |
|
Listed investments |
280,744 |
|
194,186 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Listed investments |
14,062 |
|
27,274 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Directors' current account |
137,026 |
|
62,232 |
|
Taxation and social security costs |
13,673 |
|
8,278 |
|
Other creditors |
1,500 |
|
3,198 |
|
|
|
|
|
|
152,199 |
|
73,708 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
P R JAIN LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
c/o IBU Consulting |
|
79 College Road |
|
Harrow |
|
HA1 1BD |
