Abbreviated Company Accounts - PVNCH & CO. LTD.

07311304 PVNCH & CO. LTD. 2014-06-30 false 2013-07-01 2014-06-30 true 07311304 2013-07-01 2014-06-30 07311304 2014-06-30 07311304 2013-06-30 07311304 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 07311304 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2014-06-30 uk-gaap-cd-bus:Director3 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 07311304

PVNCH & CO. LTD.

Abbreviated Accounts

30 June 2014

PVNCH & CO. LTD. Registered Number 07311304

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,471	1,978
		1,471	1,978
Current assets
Debtors		5,940	-
Cash at bank and in hand		1,170	133
		7,110	133
Creditors: amounts falling due within one year		(26,481)	(39,404)
Net current assets (liabilities)		(19,371)	(39,271)
Total assets less current liabilities		(17,900)	(37,293)
Provisions for liabilities		(274)	-
Total net assets (liabilities)		(18,174)	(37,293)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(18,175)	(37,294)
Shareholders' funds		(18,174)	(37,293)

For the year ending 30 June 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 30 March 2015

And signed on their behalf by:
Magnus Gjoen, Director

PVNCH & CO. LTD. Registered Number 07311304

Notes to the Abbreviated Accounts for the period ended 30 June 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 amounts receivable for goods and services net of Value Added Tax and trade discounts.

Turnover is recognised in the period in which the turnover was generated.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Fixtures, Fittings and Equipment - Straight line over 3 years

2Tangible fixed assets

	£
Cost
At 1 July 2013	2,848
Additions	513
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	3,361
Depreciation
At 1 July 2013	870
Charge for the year	1,020
On disposals	-
At 30 June 2014	1,890
Net book values
At 30 June 2014	1,471
At 30 June 2013	1,978

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

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

4Transactions with directors

Name of director receiving advance or credit:	Magnus Gjoen
Description of the transaction:	Director's loan account
Balance at 1 July 2013:	£ 36,719
Advances or credits made:	-
Advances or credits repaid:	£ 18,502
Balance at 30 June 2014:	£ 18,217

The loan is repayable on demand and no interest is charged to the company.