MAHAL LIMITED - Limited company - abbreviated - 11.6

MAHAL LIMITED - Limited company - abbreviated - 11.6

MAHAL LIMITED - Company Information

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REGISTERED NUMBER: 05498544 (England and Wales)














ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

MAHAL LIMITED

MAHAL LIMITED (REGISTERED NUMBER: 05498544)






CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 July 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

MAHAL LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2014







DIRECTORS: A S Mahal
R K Mahal





SECRETARY: R K Mahal





REGISTERED OFFICE: 67 Surbiton Road
Kingston Upon Thames
Surrey
KT1 2HG





REGISTERED NUMBER: 05498544 (England and Wales)





ACCOUNTANTS: Dawn & Co.
Chartered Certified Accountants
38 Langham street
London
UK
W1W 7AR
Page 1
MAHAL LIMITED (REGISTERED NUMBER: 05498544)

ABBREVIATED BALANCE SHEET
31 July 2014

31.7.14 31.7.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 200,000 200,000
Tangible assets 3 55,954 65,081
255,954 265,081

CURRENT ASSETS
Stocks 229,610 234,310
Debtors 5,200 5,200
Cash at bank and in hand 37,768 25,553
272,578 265,063
CREDITORS
Amounts falling due within one year 186,276 207,739
NET CURRENT ASSETS 86,302 57,324
TOTAL ASSETS LESS CURRENT
LIABILITIES
342,256
322,405

CREDITORS
Amounts falling due after more than one year - 468
NET ASSETS 342,256 321,937

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 342,156 321,837
SHAREHOLDERS' FUNDS 342,256 321,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
MAHAL LIMITED (REGISTERED NUMBER: 05498544)

ABBREVIATED BALANCE SHEET - continued
31 July 2014


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 Board of Directors on 29 April 2015 and were signed on its behalf by:





A S Mahal - Director


The notes form part of these abbreviated accounts

Page 3
MAHAL LIMITED (REGISTERED NUMBER: 05498544)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 July 2014

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 and is not going to be
written off.

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

Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% 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
At 1 August 2013
and 31 July 2014 200,000
NET BOOK VALUE

At 31 July 2014 200,000
At 31 July 2013 200,000

Page 4 continued...
MAHAL LIMITED (REGISTERED NUMBER: 05498544)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
For The Year Ended 31 July 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013 173,005
Additions 1,166
At 31 July 2014 174,171
DEPRECIATION
At 1 August 2013 107,924
Charge for year 10,293
At 31 July 2014 118,217
NET BOOK VALUE
At 31 July 2014 55,954
At 31 July 2013 65,081

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.14 31.7.13
value: £    £   
100 Ordinary Shares £1 100 100

Page 5