Pocock Tractor Supplies Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06497854 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Pocock Tractor Supplies Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R J B Pocock

REGISTERED OFFICE:

Manor Farm

Berwick St John

Shaftesbury

Dorset

SP7 0EX

REGISTERED NUMBER:

06497854 (England and Wales)

ACCOUNTANTS:

Adrian Thompson & Co

18-20 High Street

Shaftesbury

Dorset

SP7 8JG

FIXED ASSETS

Tangible assets

2

40,156

25,108

CURRENT ASSETS

Stocks

100,000

85,949

Debtors

34,669

24,951

Cash at bank and in hand

31,877

17,563

166,546

128,463

CREDITORS

Amounts falling due within one year

208,031

183,616

NET CURRENT LIABILITIES

(41,485

)

(55,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,329

)

(30,045

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(1,330

)

(30,046

)

SHAREHOLDERS' FUNDS

(1,329

)

(30,045

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 30 April 2015 and were signed by:

R J B Pocock - 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

43,655

Additions

28,432

At 31 July 2014

72,087

DEPRECIATION

At 1 August 2013

18,547

Charge for year

13,384

At 31 July 2014

31,931

NET BOOK VALUE

At 31 July 2014

40,156

At 31 July 2013

25,108

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary

£1

1

1

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mr R J B Pocock, by virtue of the fact that he owns 100% of the

issued share capital.