Abbreviated Company Accounts - PDQ COMPUTERS LIMITED

PDQ COMPUTERS LIMITED - Company Information

Registered Number 03077313

PDQ COMPUTERS LIMITED

Abbreviated Accounts

31 July 2014

PDQ COMPUTERS LIMITED Registered Number 03077313

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	229,845	217,651
		229,845	217,651
Current assets
Stocks		310,295	291,047
Debtors		557,533	665,367
Cash at bank and in hand		61,246	90,743
		929,074	1,047,157
Creditors: amounts falling due within one year		(156,640)	(297,254)
Net current assets (liabilities)		772,434	749,903
Total assets less current liabilities		1,002,279	967,554
Total net assets (liabilities)		1,002,279	967,554
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		1,001,279	966,554
Shareholders' funds		1,002,279	967,554

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 16 April 2015

And signed on their behalf by:
D S Notley, Director

PDQ COMPUTERS LIMITED Registered Number 03077313

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 the total invoice value,excluding value added tax,of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost of each assetover it's expected useful life as follows :

Fixtures and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	493,110
Additions	45,204
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	538,314
Depreciation
At 1 August 2013	275,459
Charge for the year	33,010
On disposals	-
At 31 July 2014	308,469
Net book values
At 31 July 2014	229,845
At 31 July 2013	217,651