BHAVNA SWEET MART LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08519294 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 8 May 2013 to 30 April 2014

for

Bhavna Sweet Mart Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K D Patel

REGISTERED OFFICE:

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

REGISTERED NUMBER:

08519294 (England and Wales)

ACCOUNTANTS:

Frasers Young Limited

Chartered Certified Accountants

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

FIXED ASSETS

Intangible assets

2

31,500

Tangible assets

3

3,124

34,624

CURRENT ASSETS

Stocks

1,250

Cash at bank and in hand

4,745

5,995

CREDITORS

Amounts falling due within one year

(36,454

)

NET CURRENT LIABILITIES

(30,459

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,165

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

4,065

SHAREHOLDERS' FUNDS

4,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 January 2015 and were signed by:

K D Patel - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly

over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

35,000

At 30 April 2014

35,000

AMORTISATION

Amortisation for period

3,500

At 30 April 2014

3,500

NET BOOK VALUE

At 30 April 2014

31,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,750

At 30 April 2014

3,750

DEPRECIATION

Charge for period

626

At 30 April 2014

626

NET BOOK VALUE

At 30 April 2014

3,124

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .