REGISTERED NUMBER: 05169696 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

A & N Krystal Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr N D Hirani

SECRETARY:

Mr A N Hirani

REGISTERED OFFICE:

164 Mollison Way

Edgware

Middlesex

HA8 5QZ

REGISTERED NUMBER:

05169696 (England and Wales)

ACCOUNTANTS:

L P Patel & Co

Certified Practising Accountants

164 Mollison Way

Edgware

Middlesex

HA8 5QZ

FIXED ASSETS

Tangible assets

2

46,836

24,763

CURRENT ASSETS

Stocks

27,686

36,752

Cash at bank and in hand

17,005

19,554

44,691

56,306

CREDITORS

Amounts falling due within one year

71,914

68,949

NET CURRENT LIABILITIES

(27,223

)

(12,643

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,613

12,120

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

19,513

12,020

SHAREHOLDERS' FUNDS

19,613

12,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 April 2017 and were signed by:

Mr N D Hirani - Director

1.	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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment & power tools

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

84,262

Additions

33,782

At 31 July 2016

118,044

DEPRECIATION

At 1 August 2015

59,499

Charge for year

11,709

At 31 July 2016

71,208

NET BOOK VALUE

At 31 July 2016

46,836

At 31 July 2015

24,763

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

100

Ordinary

1

100

100