Company Registration No. 07122925 (England and Wales)
Pathania Limited
Unaudited accounts
for the year ended 31 March 2018
Pathania Limited
Unaudited accounts
Contents
Pathania Limited
Company Information
for the year ended 31 March 2018
Director
Rajender Pathania
Company Number
07122925 (England and Wales)
Registered Office
6th Floor
AMP House
Dingwall Road
Croydon
CR0 2LX
Pathania Limited
Statement of financial position
as at
31 March 2018
Tangible assets
66,027
88,065
Cash at bank and in hand
3,959
15,179
Creditors: amounts falling due within one year
(77,925)
(80,430)
Net current liabilities
(62,784)
(57,151)
Total assets less current liabilities
3,243
30,914
Creditors: amounts falling due after more than one year
(64,954)
(75,482)
Net liabilities
(61,711)
(44,568)
Called up share capital
408
408
Profit and loss account
(62,119)
(44,976)
Shareholders' funds
(61,711)
(44,568)
For the year ending 31 March 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 October 2018.
Rajender Pathania
Director
Company Registration No. 07122925
Pathania Limited
Notes to the Accounts
for the year ended 31 March 2018
Pathania Limited is a private company, limited by shares, registered in England and Wales, registration number 07122925. The registered office is 6th Floor, AMP House, Dingwall Road, Croydon, CR0 2LX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Intangible fixed assets
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of 4 years.
Pathania Limited
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
22,548
Finished goods
4,800
5,500
Other debtors
2,600
2,600
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
35,766
42,800
Taxes and social security
16,103
12,055
Loans from directors
26,054
25,575
9
Creditors: amounts falling due after more than one year
2018
2017
10
Share capital
2018
2017
Allotted, called up and fully paid:
408 Ordinary shares of £1 each
408
408
Pathania Limited
Notes to the Accounts
for the year ended 31 March 2018
11
Average number of employees
During the year the average number of employees was 18 (2017: 18).