P C Walker Motor Engineers Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06462178

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

P C Walker Motor Engineers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

R Walker

Mrs A Walker

SECRETARY:

REGISTERED OFFICE:

Regency House

61a Walton Street

Walton on the Hill

Surrey

KT20 7RZ

REGISTERED NUMBER:

06462178

ACCOUNTANTS:

DNA Accountants Limited

Regency House

61a Walton Street

Walton-on-the-Hill

Surrey

KT20 7RZ

FIXED ASSETS

Intangible assets

2

45,000

54,000

Tangible assets

3

5,158

5,478

50,158

59,478

CURRENT ASSETS

Debtors

56

-

Cash at bank

16,030

27,070

16,086

27,070

CREDITORS

Amounts falling due within one year

52,952

74,730

NET CURRENT LIABILITIES

(36,866

)

(47,660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,292

11,818

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

13,192

11,718

SHAREHOLDERS' FUNDS

13,292

11,818

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 April 2015 and were signed on its behalf by:

R Walker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

90,000

AMORTISATION

At 1 January 2014

36,000

Amortisation for year

9,000

At 31 December 2014

45,000

NET BOOK VALUE

At 31 December 2014

45,000

At 31 December 2013

54,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

12,867

Additions

1,750

At 31 December 2014

14,617

DEPRECIATION

At 1 January 2014

7,389

Charge for year

2,070

At 31 December 2014

9,459

NET BOOK VALUE

At 31 December 2014

5,158

At 31 December 2013

5,478

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

accounts of PC Walker Motor Engineers Limited for the year ended 31 December 2014 from the information and

explanations given to us.

As a practising member firm of the Association of Chartered Certified Accountants we are subject to its ethical and other

professional requirements which are detailed at www.accaglobal.com.

This report is made solely to the Board of Directors of PC Walker Motor Engineers Limited, as a body, in accordance

with the terms of our engagement letter dated 7 June 2010. Our work has been undertaken solely to prepare for your

approval the accounts of PC Walker Motor Engineers Limited and state those matters that we have agreed to state to the

Board of Directors of PC Walker Motor Engineers Limited, as a body, in this report in accordance with the requirements

of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than PC Walker Motor Engineers Limited

and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that PC Walker Motor Engineers Limited has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PC Walker

Motor Engineers Limited. You consider that PC Walker Motor Engineers Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of PC Walker Motor Engineers Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

DNA Accountants Limited

Regency House

61a Walton Street

Walton-on-the-Hill

Surrey

KT20 7RZ

2 April 2015