PTB Limited - Limited company - abbreviated - 11.6
PTB Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| PTB LIMITED |
| PTB LIMITED (REGISTERED NUMBER: 04326298) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2014 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 2 |
| PTB LIMITED (REGISTERED NUMBER: 04326298) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| PTB LIMITED (REGISTERED NUMBER: 04326298) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2014 |
| 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 April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about PTB Limited as an individual company and do not contain consolidated |
| financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act |
| 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents goods and services supplied, excluding value added tax. |
| Goodwill |
| Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic |
| life of that asset as follows: |
| Goodwill - 20% on cost |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised as a liability or asset if the transactions or events that give an obligation to pay more tax in future |
| or a right to pay less tax in future have occurred by the balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. |
| Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| Operating leases |
| Operating lease rentals are charged against profits of the period to which they relate. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| AMORTISATION |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| PTB LIMITED (REGISTERED NUMBER: 04326298) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 March 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 | 7,860 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Country of incorporation: Hungary |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 8,675 | 8,168 |
| Profit for the year | 790 | 1,493 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary class 2 | £1 |
| 7 | 7 |