ORIGINAL TASTE OF PAKISTAN LTD,Ltd - AccountsLtd - Accounts

ORIGINAL TASTE OF PAKISTAN LTD,Ltd - AccountsLtd - Accounts

ORIGINAL TASTE OF PAKISTAN LIMITED - Company Information

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2016-11-01 08747891 2017-10-31 08747891 2016-11-01 2017-10-31 08747891 2016-10-31 08747891 2015-11-01 2016-10-31 08747891 uk-core:WithinOneYear 2016-10-31 08747891 uk-core:WithinOneYear 2017-10-31 08747891 uk-core:ShareCapital 2017-10-31 08747891 uk-core:ShareCapital 2016-10-31 08747891 uk-core:RetainedEarningsAccumulatedLosses 2017-10-31 08747891 uk-core:RetainedEarningsAccumulatedLosses 2016-10-31 08747891 uk-bus:Director1 2016-11-01 2017-10-31 08747891 uk-core:PlantMachinery 2016-11-01 2017-10-31 08747891 uk-core:FurnitureFittings 2016-11-01 2017-10-31 08747891 uk-core:FurnitureFittings 2016-10-31 08747891 uk-core:PlantMachinery 2016-10-31 08747891 uk-core:PlantMachinery 2017-10-31 08747891 uk-core:FurnitureFittings 2017-10-31 iso4217:GBP 08747891 uk-bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 08747891 uk-bus:FRS102 2016-11-01 2017-10-31 08747891 uk-bus:FullAccounts 2016-11-01 2017-10-31 08747891 uk-bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31
ORIGINAL TASTE OF PAKISTAN LTD
Registered Number:08747891
For the year ended 31 October 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2017
ORIGINAL TASTE OF PAKISTAN LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 October 2017
ORIGINAL TASTE OF PAKISTAN LTD
Statement of Financial Position
Registered Number :
08747891
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
14,847
16,496
2
14,847
16,496
Current assets
Inventories
7,240
7,500
3
78,416
Cash and cash equivalents
198,165
205,665
85,656
Trade and other payables: amounts falling due within one
year
(90,287)
(211,397)
4
(4,631)
(5,732)
Net current liabilities
Total assets less current liabilities
9,115
11,865
9,115
Net assets
11,865
Capital and reserves
Called up share capital
100
1
Retained earnings
9,015
11,864
9,115
11,865
Shareholders' funds
For the year ended 31 October 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
MR NASEER AHMAD Director
These financial statements were approved and authorised for issue by the Board on 12 July 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2017
ORIGINAL TASTE OF PAKISTAN LTD
Notes to the Financial Statements
Statutory Information
ORIGINAL TASTE OF PAKISTAN LTD is a private limited company, limited by shares, domiciled in England and
Wales, registration number 08747891.
Registered address:
369 HANWORTH ROAD
HOUNSLOW
MIDDLESEX
TW4 5LF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
10 Reducing balance
10 Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
£
£
£
Cost or
valuation
At 01 November 2016
21,840
7,640
14,200
At 31 October 2017
14,200
7,640
21,840
Provision for depreciation and impairment
At 01 November 2016
5,344
2,071
3,273
Charge for year
1,649
557
1,092
At 31 October 2017
6,993
2,628
4,365
At 31 October 2017
Net book value
9,835
5,012
14,847
At 31 October 2016
10,927
5,569
16,496
2 of 3
5
For the year ended 31 October 2017
ORIGINAL TASTE OF PAKISTAN LTD
Notes to the Financial Statements Continued
3. Inventories
2016
2017
£
£
Stocks
7,500
7,240
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
55,431
7,966
Directors' loan accounts
-
18,337
Other creditors
155,966
63,984
211,397
90,287
3 of 3