Company Registration No. 10505193 (England and Wales)
SOMNATH TRADING LTD
Unaudited accounts
for the year ended 30 November 2021
SOMNATH TRADING LTD
Unaudited accounts
Contents
SOMNATH TRADING LTD
Company Information
for the year ended 30 November 2021
Company Number
10505193 (England and Wales)
Registered Office
5 South Burns
Chester Le Street
Durham
DH3 3EZ
ENGLAND
SOMNATH TRADING LTD
Statement of financial position
as at
30 November 2021
Tangible assets
9,513
9,513
Cash at bank and in hand
5,300
23,300
Net current assets
6,084
24,084
Total assets less current liabilities
15,597
33,597
Creditors: amounts falling due after more than one year
(25,000)
(25,000)
Net (liabilities)/assets
(9,403)
8,597
Called up share capital
100
100
Profit and loss account
(9,503)
8,497
Shareholders' funds
(9,403)
8,597
For the year ending 30 November 2021 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.
The financial statements were approved by the Board and authorised for issue on 15 June 2022 and were signed on its behalf by
Som Nath
Director
Company Registration No. 10505193
SOMNATH TRADING LTD
Notes to the Accounts
for the year ended 30 November 2021
SOMNATH TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 10505193. The registered office is 5 South Burns , Chester Le Street, Durham, DH3 3EZ, 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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% REDUCING BALANCE
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 December 2020
14,850
At 30 November 2021
14,850
At 30 November 2021
5,337
At 30 November 2021
9,513
At 30 November 2020
9,513
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due after more than one year
2021
2020
SOMNATH TRADING LTD
Notes to the Accounts
for the year ended 30 November 2021
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).