Pipeline International Ltd - Abbreviated accounts

Pipeline International Ltd - Abbreviated accounts


Registered number
05206242
Pipeline International Ltd
Abbreviated Accounts
31 August 2014
Collins
Chartered Accountants
West Midlands
Pipeline International Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Pipeline International Ltd for the year ended 31 August 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Pipeline International Ltd for the year ended 31 August 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Board of Directors of Pipeline International Ltd, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Pipeline International Ltd and state those matters that we have agreed to state to the Board of Directors of Pipeline International Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pipeline International Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pipeline International Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Pipeline International Ltd. You consider that Pipeline International Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pipeline International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.
Collins
Chartered Accountants
The Lodge, Castle Bromwich Hall
Chester Road
Castle Bromwich
West Midlands
B36 9DE
27 May 2015
Pipeline International Ltd
Registered number: 05206242
Abbreviated Balance Sheet
as at 31 August 2014
Notes 2014 2013
£ £ £ £
Current assets
Debtors 381 2,485
Cash at bank and in hand 692 838
1,073 3,323
Creditors: amounts falling due within one year - (1,978)
Net current assets 1,073 1,345
Net assets 1,073 1,345
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 1,071 1,343
Shareholders' funds 1,073 1,345
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
R Butler
Director
Approved by the board on 27 May 2015
Pipeline International Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2014
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2 Tangible fixed assets £
Cost
At 1 September 2013 1,408
At 31 August 2014 1,408
Depreciation
At 1 September 2013 1,408
At 31 August 2014 1,408
Net book value
At 31 August 2014 -
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
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