Abbreviated Company Accounts - PACKINGTON ROAD LIMITED

PACKINGTON ROAD LIMITED - Company Information

02540774 PACKINGTON ROAD LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 02540774 2013-06-01 2014-05-31 02540774 2014-05-31 02540774 2013-05-31 02540774 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 02540774 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 02540774

PACKINGTON ROAD LIMITED

Abbreviated Accounts

31 May 2014

PACKINGTON ROAD LIMITED Registered Number 02540774

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	24,091	27,933
		24,091	27,933
Current assets
Stocks		3,416	3,015
Debtors		1,592	4,004
Cash at bank and in hand		22,288	19,550
		27,296	26,569
Creditors: amounts falling due within one year		(31,787)	(39,250)
Net current assets (liabilities)		(4,491)	(12,681)
Total assets less current liabilities		19,600	15,252
Total net assets (liabilities)		19,600	15,252
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		18,600	14,252
Shareholders' funds		19,600	15,252

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 2 December 2014

And signed on their behalf by:
M Astle, Director

PACKINGTON ROAD LIMITED Registered Number 02540774

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 sales in the year excluding VAT.

Tangible assets depreciation policy
Deprecation is charged as follows:
Fixtures & equipment 15% reducing balance
Computer equipment 25% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2013	125,965
Additions	1,110
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	127,075
Depreciation
At 1 June 2013	98,032
Charge for the year	4,952
On disposals	-
At 31 May 2014	102,984
Net book values
At 31 May 2014	24,091
At 31 May 2013	27,933

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

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000