Registered number: 07867028

Pascoe Pleasence Ltd

Abbreviated accounts

for the year ended 31 December 2013

Pascoe Pleasence Ltd

Contents

• Abbreviated Balance sheet
• Notes to the financial statements

Pascoe Pleasence Ltd

Abbreviated balance sheet

as at 31 December 2013

		2013		2012
	Notes	£	£	£	£
Current Asset
Trade Debtors		-		2,800
Cash at bank and in hand		50,979		37,572
Other Debtors		589		708
		51,568		41,080
Creditors: amounts falling due within one year	6	(3,746)		(8,216)
Net current assets			47,822		32,864
Total assets less current liabilities			47,822		32,864
Net assets			47,822		32,864
Capital and reserves
Share Capital			1		1
Profit and loss account			47,821		32,863
Shareholder's funds			47,822		32,864

The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.

Pascoe Pleasence Ltd

Registered number: 07867028

Abbreviated balance sheet (continued)

Director's statements required by Sections 475(2) and (3)
for the year ended 31 December 2013

In approving these abbreviated accounts as director of the company I hereby confirm:

(a)	that for the year stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 ;
(b)	that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 December 2013 ; and
(c)	that I acknowledge my responsibilities for:
	(1)	ensuring that the company keeps accounting records which comply with Section 386 ; and
	(2)	preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) relating to small companies.

The abbreviated accounts were approved by the Board on 19 August 2014 and signed on its behalf by
Pascoe Pleasence
Director

Pascoe Pleasence Ltd

Notes to the abbreviated financial statements

for the year ended 31 December 2013

1	Accounting policies
1.1	Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2	Turnover represents value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
1.3	Tangible fixed assets and depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
	Motor vehicles	25% straight line
	Equipment, fixtures and fittings	25% straight line
1.4	Stocks Stock is valued at the lower of cost and net realisable value.

		2013		2012
6	Creditors: amounts falling due within one year	£		£
	Corporation tax	3,739		8,216
	Director's loan account for Pascoe Pleasence	7		-
		3,746		8,216

7	Share capital	2013		2012		2013		2012
		No		No		£		£
	Allotted, called up and fully paid:
	Ordinary shares of £ 1 each	1		1		1		1

9	Controlling interest
	The controlling and ultimate controlling party is Pascoe Pleasence, the director of the company, by virtue of the fact that he/she owns 100% of the issued share capital.

10	Transactions with directors
	Advances to director
	The following director had interest free loans during the year. The movements on these loans are as follows:
		Amount owing at end of
		2013		2012		Max in year
		£		£		£
	Director's loan account for Pascoe Pleasence	0		1		0

11	Going concern
	The director has reviewed the twelve months ahead and has considered the company's financial position and notes no material uncertainties that may cast significant doubt about the ability of it to continue as a going concern.