| P J Tooth Limited |
| Registered number: |
04758576 |
| Abbreviated Balance Sheet |
| as at 31 May 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
65,000 |
|
|
70,000 |
| Tangible assets |
3 |
|
|
- |
|
|
4,217 |
|
|
|
|
65,000 |
|
|
74,217 |
|
| Current assets |
| Stocks |
|
|
12,150 |
|
|
14,381 |
| Cash at bank and in hand |
|
|
13,310 |
|
|
16,112 |
|
|
|
25,460 |
|
|
30,493 |
|
| Creditors: amounts falling due within one year |
|
|
(87,127) |
|
|
(99,534) |
|
| Net current liabilities |
|
|
|
(61,667) |
|
|
(69,041) |
|
| Total assets less current liabilities |
|
|
|
3,333 |
|
|
5,176 |
|
|
| Provisions for liabilities |
|
|
|
(2,103) |
|
|
(2,103) |
|
|
| Net assets |
|
|
|
1,230 |
|
|
3,073 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
1,229 |
|
|
3,072 |
|
| Shareholders' funds |
|
|
|
1,230 |
|
|
3,073 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| P Tooth |
| Director |
| Approved by the board on 12 January 2015 |
|
| P J Tooth Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2014 |
|
| 1 |
Accounting policies |
|
|
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). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2013 |
100,000 |
|
At 31 May 2014 |
100,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2013 |
30,000 |
|
Provided during the year |
5,000 |
|
At 31 May 2014 |
35,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2014 |
65,000 |
|
At 31 May 2013 |
70,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2013 |
27,086 |
|
At 31 May 2014 |
27,086 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2013 |
22,869 |
|
Charge for the year |
4,217 |
|
At 31 May 2014 |
27,086 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2014 |
- |
|
At 31 May 2013 |
4,217 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
