Abbreviated Company Accounts - PAL & PAL LIMITED

06960193 PAL & PAL LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 06960193 2013-08-01 2014-07-31 06960193 2014-07-31 06960193 2013-07-31 06960193 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06960193 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 06960193

PAL & PAL LIMITED

Abbreviated Accounts

31 July 2014

PAL & PAL LIMITED Registered Number 06960193

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	7,302	9,127
		7,302	9,127
Current assets
Debtors	3	34,567	22,965
Cash at bank and in hand		7,163	1,209
		41,730	24,174
Creditors: amounts falling due within one year		(15,073)	(1,287)
Net current assets (liabilities)		26,657	22,887
Total assets less current liabilities		33,959	32,014
Total net assets (liabilities)		33,959	32,014
Capital and reserves
Called up share capital	4	10	10
Profit and loss account		33,949	32,004
Shareholders' funds		33,959	32,014

For the year ending 31 July 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 14 April 2015

And signed on their behalf by:
A Malek, Director

PAL & PAL LIMITED Registered Number 06960193

Notes to the Abbreviated Accounts for the period ended 31 July 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 total invoice value during the year exclude any Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated on WDV

Intangible assets amortisation policy
na

Valuation information and policy
na

Other accounting policies
na

2Tangible fixed assets

	£
Cost
At 1 August 2013	9,127
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	9,127
Depreciation
At 1 August 2013	-
Charge for the year	1,825
On disposals	-
At 31 July 2014	1,825
Net book values
At 31 July 2014	7,302
At 31 July 2013	9,127

3Debtors

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10