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GARG LIMITED




Company Registration Number:
05163829 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 25th June 2009

End date: 24th June 2010

SUBMITTED

GARG LIMITED

Company Information
for the Period Ended
24th June 2010




Director: Reenu Garg
Company secretary: Gaurav Garg
Registered office: 23 Castalia Square
Docklands
London
E14 3NG
GBR
Company Registration Number: 05163829 (England and Wales)

GARG LIMITED

Abbreviated Balance sheet
As at 24th June 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 2 1,500 1,500
Total fixed assets: 1,500 1,500
Current assets
Cash at bank and in hand: 925 78
Total current assets: 925 78
Creditors
Creditors: amounts falling due within one year 10,070 10,059
Net current assets (liabilities): ( 9,145 ) ( 9,981 )
Total assets less current liabilities: ( 7,645 ) ( 8,481 )
Total net assets (liabilities): ( 7,645 ) ( 8,481 )

The notes form part of these financial statements

GARG LIMITED

Abbreviated Balance sheet
As at 24th June 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: ( 7,745 ) ( 8,581 )
Total shareholders funds: ( 7,645 ) ( 8,481 )

For the year ending 24 June 2010 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 (effective 2008).

The financial statements were approved by the Board of Directors on 19 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Reenu Garg
Status: Director

The notes form part of these financial statements

GARG LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
24th June 2010

  • 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 (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortized at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.

  • 2. Intangible assets

    Total
    Cost £
    At 25th June 2009: 1,500
    1,500
    Net book value £
    At 24th June 2010: 1,500
    At 24th June 2009: 1,500

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100