Abbreviated Company Accounts - SIMRAN FOODS LIMITED

SIMRAN FOODS LIMITED - Company Information

Registered Number 07585490

SIMRAN FOODS LIMITED

Abbreviated Accounts

30 September 2014

SIMRAN FOODS LIMITED Registered Number 07585490

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	137,387	206,080
Tangible assets	3	166,542	153,230
		303,929	359,310
Current assets
Stocks		4,074	5,032
Cash at bank and in hand		147,070	105,539
		151,144	110,571
Creditors: amounts falling due within one year		(324,408)	(366,053)
Net current assets (liabilities)		(173,264)	(255,482)
Total assets less current liabilities		130,665	103,828
Creditors: amounts falling due after more than one year		(30,113)	(77,719)
Total net assets (liabilities)		100,552	26,109
Capital and reserves
Called up share capital		100	100
Profit and loss account		100,452	26,009
Shareholders' funds		100,552	26,109

For the year ending 30 September 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 June 2015

And signed on their behalf by:
R K Dhillon, Director

SIMRAN FOODS LIMITED Registered Number 07585490

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net sales excluding value added tax.

2Intangible fixed assets

	£
Cost
At 1 October 2013	224,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	224,000
Amortisation
At 1 October 2013	17,920
Charge for the year	68,693
On disposals	-
At 30 September 2014	86,613
Net book values
At 30 September 2014	137,387
At 30 September 2013	206,080

3Tangible fixed assets

	£
Cost
At 1 October 2013	213,513
Additions	50,229
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	263,742
Depreciation
At 1 October 2013	60,283
Charge for the year	36,917
On disposals	-
At 30 September 2014	97,200
Net book values
At 30 September 2014	166,542
At 30 September 2013	153,230