Nd Superstore Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09650824 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 22 June 2015 to 30 June 2016

for

Nd Superstore Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N S Madhan

D Singh

SECRETARY:

REGISTERED OFFICE:

159 Cranborne Waye

Hayes

Middlesex

UB4 0HS

REGISTERED NUMBER:

09650824 (England and Wales)

ACCOUNTANTS:

HM BOOKKEEPERS

7 Normandy Close

Rownhams

Southampton

Hampshire

SO16 8LG

FIXED ASSETS

Tangible assets

2

44,638

CURRENT ASSETS

Stocks

43,680

Prepayments and accrued income

15,346

Cash at bank and in hand

8,340

67,366

CREDITORS

Amounts falling due within one year

24,479

NET CURRENT ASSETS

42,887

TOTAL ASSETS LESS CURRENT LIABILITIES

87,525

CREDITORS

Amounts falling due after more than one year

86,000

NET ASSETS

1,525

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,425

SHAREHOLDERS' FUNDS

1,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2016 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 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 14 November 2016 and were signed on its behalf by:

D Singh - 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 January 2015).

Turnover

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

Tangible fixed assets

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 22 June 2015

and 30 June 2016

49,598

DEPRECIATION

Charge for period

4,960

At 30 June 2016

4,960

NET BOOK VALUE

At 30 June 2016

44,638

At 21 June 2015

49,598

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary Shares

1

100