SUBMITTED
Company Information | |
Report of the Directors | |
Profit and Loss Account | |
Balance sheet | |
Notes to the Financial Statements |
Director: |
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Company secretary: |
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Registered office: |
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Buckinghamshire | ||
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Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 31st July 2010
Principal activities
The principal activity of the company in the period under review was:
Directors
The directors shown below have held office during the whole of the period from
01st August 2009 to 31st July 2010
Iqbal Ahmed Saigal
Sufia Saigal
Bilal Saigal
The directors present their report with the financial statements of the company for the year ended 31 July 2010. The directors shown below have held office during the whole of the period from August 2009 to the date of this report. Iqbal Ahmed Saigal Sufia Saigal Bilal Saigal This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
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
And Signed On Behalf Of The Board By:
Name: Iqbal Ahmed Saigal
Status: Director
for the Period Ended 31st July 2010
Notes | 2010 £ |
2009 £ |
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Turnover: | 2 |
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Cost of sales: |
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Gross profit or (loss): |
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Distribution costs: | - |
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Administrative expenses: | 4, |
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Other operating income: | - |
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Operating profit or (loss): | 3 |
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Interest payable and similar charges: | - |
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Profit or (loss) on ordinary activities before taxation: |
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Profit or (loss) for the financial year: |
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The notes form part of these financial statements
Notes | 2010 £ |
2009 £ |
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Fixed assets | |||
Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 6 |
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Debtors: | 7 |
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Cash at bank and in hand: |
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- | |
Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year | 8 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 9 |
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Provision for liabilities: |
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Total net assets (liabilities): | ( |
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The notes form part of these financial statements
Notes | 2010 £ |
2009 £ |
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Capital and reserves | |||
Called up share capital: | 10 |
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Profit and Loss account: | 11 | ( |
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Total shareholders funds: | ( |
( |
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Iqbal Ahmed Saigal
Status: Director
The notes form part of these financial statements
Basis of measurement and preparation of accounts
Turnover policy
Tangible fixed assets depreciation policy
Other 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 April 2008) Investment property: Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve. 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: Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.
Profit before tax as stated after charging the following.
2010 | 2009 | |
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£ | £ | |
Depreciation - owned assets: |
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Depreciation - assets on hire purchase contract: |
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2010 | 2009 | |
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£ | £ | |
Directors' remuneration: |
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TOTAL: |
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Land and buildings | Plant Machinery | Fixtures and fittings | Office Equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 01st August 2009: |
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- |
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Additions: | - | - | - |
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- |
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At 31st July 2010: |
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Depreciation | ||||||
At 01st August 2009: |
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- |
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Charge for year: |
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At 31st July 2010: |
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Net book value | ||||||
At 31st July 2010: |
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At 31st July 2009: |
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- |
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2010 | 2009 | |
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£ | £ | |
Stocks of raw materials and consumables: |
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Total: |
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2010 | 2009 | |
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£ | £ | |
Trade debtors: |
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Other debtors: | - |
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Prepayments and accrued income: | - |
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Total: |
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2010 | 2009 | |
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£ | £ | |
Bank loans and overdrafts: |
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Amounts due under finance leases and hire purchase contracts: | - |
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Trade creditors: |
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Taxation and social security: | - |
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Other creditors: | - |
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Total: |
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2010 | 2009 | |
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£ | £ | |
Bank loans: |
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Amounts due under finance leases and hire purchase contracts: | - |
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Total: |
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Allotted, called up and paid
Previous period | 2009 | ||
Class | Number of shares | Nominal value per share | Total |
Ordinary shares: |
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Total share capital: |
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Current period | 2010 | ||
Class | Number of shares | Nominal value per share | Total |
Ordinary shares: |
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Total share capital: |
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2010 | 2009 | |
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£ | £ | |
At 01st August 2008: | ( |
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Profit or (loss) for the period: |
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Equity dividends paid: |
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Retained profit at 31st July 2010: | ( |
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