Abbreviated Company Accounts - PURE NORTH NORFOLK LIMITED

NORFOLK ROOTS PROPERTY LIMITED - Company Information

Registered Number 06606900

PURE NORTH NORFOLK LIMITED

Abbreviated Accounts

31 May 2014

PURE NORTH NORFOLK LIMITED Registered Number 06606900

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	7,523	9,027
Tangible assets	3	2,869	3,199
		10,392	12,226
Current assets
Debtors		18,168	14,206
Cash at bank and in hand		35,750	22,550
		53,918	36,756
Creditors: amounts falling due within one year		(124,524)	(117,348)
Net current assets (liabilities)		(70,606)	(80,592)
Total assets less current liabilities		(60,214)	(68,366)
Total net assets (liabilities)		(60,214)	(68,366)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(60,314)	(68,466)
Shareholders' funds		(60,214)	(68,366)

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 26 February 2015

And signed on their behalf by:
J C Gooch, Director

PURE NORTH NORFOLK LIMITED Registered Number 06606900

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
Turnover represents the invoiced value, excluding value added tax, of goods sold and services provided to customers.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost of all tangible fixed assets at the following annual rate:
Office Fixtures and Equipment 15% reducing balance

Intangible assets amortisation policy
Goodwill will be written down over ten years by equal instalments.

2Intangible fixed assets

	£
Cost
At 1 June 2013	15,043
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	15,043
Amortisation
At 1 June 2013	6,016
Charge for the year	1,504
On disposals	-
At 31 May 2014	7,520
Net book values
At 31 May 2014	7,523
At 31 May 2013	9,027

3Tangible fixed assets

	£
Cost
At 1 June 2013	6,089
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	6,089
Depreciation
At 1 June 2013	2,890
Charge for the year	330
On disposals	-
At 31 May 2014	3,220
Net book values
At 31 May 2014	2,869
At 31 May 2013	3,199