Abbreviated Company Accounts - PACIFIC INTERIORS LONDON LIMITED

PACIFIC INTERIORS LONDON LIMITED - Company Information

07618151 PACIFIC INTERIORS LONDON LIMITED 2013-03-31 false 2012-04-01 2013-03-31 true 07618151 2012-04-01 2013-03-31 07618151 2013-03-31 07618151 2012-03-31 07618151 uk-gaap-cd-bus:Director1 2012-04-01 2013-03-31 07618151 uk-gaap-cd-bus:Director2 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-03-31 iso4217:GBP shares

Registered Number 07618151

PACIFIC INTERIORS LONDON LIMITED

Abbreviated Accounts

31 March 2013

PACIFIC INTERIORS LONDON LIMITED Registered Number 07618151

Abbreviated Balance Sheet as at 31 March 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	28,000	31,500
		28,000	31,500
Current assets
Cash at bank and in hand		1,537	837
		1,537	837
Creditors: amounts falling due within one year		(225,750)	(171,127)
Net current assets (liabilities)		(224,213)	(170,290)
Total assets less current liabilities		(196,213)	(138,790)
Total net assets (liabilities)		(196,213)	(138,790)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(196,313)	(138,890)
Shareholders' funds		(196,213)	(138,790)

For the year ending 31 March 2013 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 1 May 2015

And signed on their behalf by:
Satpaul Dass, Director

PACIFIC INTERIORS LONDON LIMITED Registered Number 07618151

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive Value Added Tax and trade discounts.

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

Amortisation is provided at the following rates:

Goodwill - over 10 years

Other accounting policies
Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis.

2Intangible fixed assets

	£
Cost
At 1 April 2012	35,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2013	35,000
Amortisation
At 1 April 2012	3,500
Charge for the year	3,500
On disposals	-
At 31 March 2013	7,000
Net book values
At 31 March 2013	28,000
At 31 March 2012	31,500

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100