Company Registration No. 11196848 (England and Wales)
SHREE AKALA LTD
Unaudited accounts
for the year ended 28 February 2019
SHREE AKALA LTD
Unaudited accounts
Contents
SHREE AKALA LTD
Company Information
for the year ended 28 February 2019
Directors
BANU KUMARI GURUNG
ASH BAHADUR GURUNG
Company Number
11196848 (England and Wales)
Registered Office
116 PLUMSTEAD HIGH STREET
LONDON
SE18 1SJ
ENGLAND
Accountants
Asmita & Associates Ltd
114-116 Plumstead High Street
Plumstead
London
SE18 1SJ
SHREE AKALA LTD
Statement of financial position
as at
28 February 2019
Cash at bank and in hand
3,434
Creditors: amounts falling due within one year
(130,656)
Net current liabilities
(5,270)
Called up share capital
100
Profit and loss account
(5,370)
Shareholders' funds
(5,270)
For the year ending 28 February 2019 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 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 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 9 November 2019.
BANU KUMARI GURUNG
Director
Company Registration No. 11196848
SHREE AKALA LTD
Notes to the Accounts
for the year ended 28 February 2019
SHREE AKALA LTD is a private company, limited by shares, registered in England and Wales, registration number 11196848. The registered office is 116 PLUMSTEAD HIGH STREET, LONDON, SE18 1SJ, ENGLAND.
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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
6
Creditors: amounts falling due within one year
2019
Taxes and social security
(1,035)
Loans from directors
101,261
SHREE AKALA LTD
Notes to the Accounts
for the year ended 28 February 2019
7
Average number of employees
During the year the average number of employees was 0.