Registered Number 04382102

SPK SHAH & CO LIMITED

Abbreviated Accounts

31 March 2015

SPK SHAH & CO LIMITED Registered Number 04382102

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 43,532 49,751
Tangible assets 3 2,527 3,589
Investments 4 30,000 -
76,059 53,340
Current assets
Stocks 10,486 11,231
Debtors 198,954 248,373
Cash at bank and in hand 88,895 101,460
298,335 361,064
Creditors: amounts falling due within one year (128,176 ) (148,105 )
Net current assets (liabilities) 170,159 212,959
Total assets less current liabilities 246,218 266,299
Total net assets (liabilities) 246,218 266,299
Capital and reserves
Called up share capital 5 200 200
Share premium account 99,963 99,963
Profit and loss account 146,055 166,136
Shareholders' funds 246,218 266,299

  • For the year ending 31 March 2015 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.

Approved by the Board on 29 December 2015

And signed on their behalf by:
SK Shah, Director
PK Shah, Director

SPK SHAH & CO LIMITED Registered Number 04382102

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding VAT, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant, fixtures and equipment 25% straight line

Intangible assets amortisation policy
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 20 years.

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2 Intangible fixed assets
£
Cost
At 1 April 2014 124,377
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 124,377
Amortisation
At 1 April 2014 74,626
Charge for the year 6,219
On disposals -
At 31 March 2015 80,845
Net book values
At 31 March 2015 43,532
At 31 March 2014 49,751
3 Tangible fixed assets
£
Cost
At 1 April 2014 21,385
Additions 55
Disposals -
Revaluations -
Transfers -
At 31 March 2015 21,440
Depreciation
At 1 April 2014 17,796
Charge for the year 1,117
On disposals -
At 31 March 2015 18,913
Net book values
At 31 March 2015 2,527
At 31 March 2014 3,589

4 Fixed assets Investments
Fixed asset investment is stated at cost less provision for permanent diminution in value.

5 Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 A Ordinary shares of £1 each 100 100
100 B Ordinary shares of £1 each 100 100