Accounts filed on 30-06-2016

Accounts filed on 30-06-2016

PRESTIGIOUS AWARDS LTD - Company Information

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PRESTIGIOUS AWARDS LTD

Company Registration Number:
08884660 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 July 2015

End date: 30 June 2016

PRESTIGIOUS AWARDS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2016

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

PRESTIGIOUS AWARDS LTD

Company Information

for the Period Ended 30 June 2016




Director: Jasvir Singh
Harpreet Singh Virdee
Onkardeep Singh Bhatia
Paramdeep Singh Bhatia
Secretary: Paramdeep Singh Bhatia
Registered office: 20-22
Wenlock Road
London
England
N1 7GU
Company Registration Number: 08884660 (England and Wales)

PRESTIGIOUS AWARDS LTD

Directors' Report Period Ended 30 June 2016

The directors present their report with the financial statements of the company for the period ended 30 June 2016

Directors
 The directors shown below have held office during the whole of the period from
01 July 2015 to 30 June 2016
Jasvir Singh
Harpreet Singh Virdee
Onkardeep Singh Bhatia
Paramdeep Singh Bhatia

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 12 October 2016
And Signed On Behalf Of The Board By:

Name: Harpreet Singh Virdee
Status: Director

PRESTIGIOUS AWARDS LTD

Profit and Loss Account

for the Period Ended 30 June 2016


Notes
2016
£		 17 months to
30 Jun 2015
£
Turnover: 12,787 20,480
Cost of sales: ( 8,149 ) ( 15,089 )
Gross profit or (loss): 4,638 5,391
Distribution costs: 0 0
Administrative expenses: ( 1,914 ) ( 11,161 )
Other operating income: 0 0
Operating profit or (loss): 2,724 ( 5,770 )
Profit or (loss) on ordinary activities before taxation: 2,724 ( 5,770 )
Profit or (loss) for the financial year: 2,724 ( 5,770 )

The notes form part of these financial statements

PRESTIGIOUS AWARDS LTD

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

PRESTIGIOUS AWARDS LTD

Balance sheet

As at 30 June 2016


Notes
2016
£		 17 months to
30 Jun 2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 33,370 0
Cash at bank and in hand: 1,191 23,567
Total current assets: 34,561 23,567
Creditors: amounts falling due within one year: ( 1,157 ) ( 29,187 )
Net current assets (liabilities): 33,404 ( 5,620 )
Total assets less current liabilities: 33,404 ( 5,620 )
Provision for liabilities: ( 450 ) ( 150 )
Total net assets (liabilities): 32,954 ( 5,770 )

The notes form part of these financial statements

PRESTIGIOUS AWARDS LTD

Balance sheet continued

As at 30 June 2016


Notes
2016
£		 17 months to
30 Jun 2015
£
Capital and reserves
Called up share capital: 2 36,000 0
Profit and loss account: 3 ( 3,046 ) ( 5,770 )
Shareholders funds: 32,954 ( 5,770 )

For the year ending 30 June 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 12 October 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Harpreet Singh Virdee
Status: Director

The notes form part of these financial statements

PRESTIGIOUS AWARDS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

PRESTIGIOUS AWARDS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 17 months to
    30 Jun 2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 0 1.00 0
    Preference shares: 0
    Total share capital (£): 0
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 360.00 36,000
    Preference shares: 0
    Total share capital (£): 36,000

PRESTIGIOUS AWARDS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 3. Profit and loss account


    2016
    £    		 17 months to
    30 Jun 2015
    £
    Opening balance: ( 5,770 )
    Profit or (loss) for the period: 2,724 ( 5,770 )
    Retained profit: ( 3,046 ) ( 5,770 )