PBA Trading Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06779181 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2014

for

PBA Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

6

DIRECTOR:

A.P. Barker

REGISTERED OFFICE:

11 Moor Street

Chepstow

Monmouthshire

NP16 5DD

REGISTERED NUMBER:

06779181 (England and Wales)

ACCOUNTANTS:

bdhc Chartered Accountants

11 Moor Street

Chepstow

Monmouthshire

NP16 5DD

FIXED ASSETS

Intangible assets

2

34,154

39,263

Tangible assets

3

41,518

114,275

Investments

4

15,000

15,000

90,672

168,538

CURRENT ASSETS

Debtors

5

143,057

115,017

Investments

101,562

-

Cash at bank

123,085

3,934

367,704

118,951

CREDITORS

Amounts falling due within one year

178,414

85,609

NET CURRENT ASSETS

189,290

33,342

TOTAL ASSETS LESS CURRENT LIABILITIES

279,962

201,880

CREDITORS

Amounts falling due after more than one year

22,808

-

NET ASSETS

257,154

201,880

CAPITAL AND RESERVES

Called up share capital

6

1

1

Profit and loss account

257,153

201,879

SHAREHOLDERS' FUNDS

257,154

201,880

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 director acknowledges his 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 director on 27 March 2015 and were signed by:

A.P. Barker - 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.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

51,090

AMORTISATION

At 1 January 2014

11,827

Amortisation for year

5,109

At 31 December 2014

16,936

NET BOOK VALUE

At 31 December 2014

34,154

At 31 December 2013

39,263

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

125,887

Additions

42,643

Reclassification/transfer

(101,562

)

At 31 December 2014

66,968

DEPRECIATION

At 1 January 2014

11,612

Charge for year

13,838

At 31 December 2014

25,450

NET BOOK VALUE

At 31 December 2014

41,518

At 31 December 2013

114,275

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

15,000

NET BOOK VALUE

At 31 December 2014

15,000

At 31 December 2013

15,000

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 70,207

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

1

Ordinary

£1

1

1

7.	ULTIMATE PARENT COMPANY

Wye-APB Limited is regarded by the director as being the company's ultimate parent company.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Wye-APB Limited.