Abbreviated Company Accounts - PURDY & POWER LIMITED

PURDY & POWER LIMITED - Company Information

05185136 PURDY & POWER LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05185136 2013-08-01 2014-07-31 05185136 2014-07-31 05185136 2013-07-31 05185136 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05185136 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05185136

PURDY & POWER LIMITED

Abbreviated Accounts

31 July 2014

PURDY & POWER LIMITED Registered Number 05185136

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,582	14,109
		10,582	14,109
Current assets
Stocks		30,100	29,500
Cash at bank and in hand		75	146
		30,175	29,646
Creditors: amounts falling due within one year		(185,005)	(184,057)
Net current assets (liabilities)		(154,830)	(154,411)
Total assets less current liabilities		(144,248)	(140,302)
Total net assets (liabilities)		(144,248)	(140,302)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(144,250)	(140,304)
Shareholders' funds		(144,248)	(140,302)

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 30 April 2015

And signed on their behalf by:
G Purdy, Director

PURDY & POWER LIMITED Registered Number 05185136

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 and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	40,126
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	40,126
Depreciation
At 1 August 2013	26,017
Charge for the year	3,527
On disposals	-
At 31 July 2014	29,544
Net book values
At 31 July 2014	10,582
At 31 July 2013	14,109

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2