Abbreviated Company Accounts - PADDOCKSHIRE LIMITED

PADDOCKSHIRE LIMITED - Company Information

01500985 PADDOCKSHIRE LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 01500985 2013-06-01 2014-05-31 01500985 2014-05-31 01500985 2013-05-31 01500985 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 01500985 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 01500985

PADDOCKSHIRE LIMITED

Abbreviated Accounts

31 May 2014

PADDOCKSHIRE LIMITED Registered Number 01500985

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	86,664	84,697
		86,664	84,697
Current assets
Stocks		25,750	25,250
Debtors		8,374	8,361
Cash at bank and in hand		23,964	12,039
		58,088	45,650
Creditors: amounts falling due within one year		(57,124)	(73,147)
Net current assets (liabilities)		964	(27,497)
Total assets less current liabilities		87,628	57,200
Total net assets (liabilities)		87,628	57,200
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		87,528	57,100
Shareholders' funds		87,628	57,200

For the year ending 31 May 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 February 2015

And signed on their behalf by:
D Rogers, Director

PADDOCKSHIRE LIMITED Registered Number 01500985

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation 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:
Fixtures & Fittings -25% reducing balance
Equipment -25% reducing balance

Freehold Properties are depreciated at the rate of 0%.

2Tangible fixed assets

	£
Cost
At 1 June 2013	128,162
Additions	3,025
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	131,187
Depreciation
At 1 June 2013	43,465
Charge for the year	1,058
On disposals	-
At 31 May 2014	44,523
Net book values
At 31 May 2014	86,664
At 31 May 2013	84,697

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each (1 shares for 2013)	100	1