Abbreviated Company Accounts - PHELAN & CO (SOUTHERN) LTD

PHELAN & CO (SOUTHERN) LTD - Company Information

07547669 PHELAN & CO (SOUTHERN) LTD 2015-03-31 false 2014-04-01 2015-03-31 true 07547669 2014-04-01 2015-03-31 07547669 2015-03-31 07547669 2014-03-31 07547669 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07547669 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07547669

PHELAN & CO (SOUTHERN) LTD

Abbreviated Accounts

31 March 2015

PHELAN & CO (SOUTHERN) LTD Registered Number 07547669

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	9,819	10,701
		9,819	10,701
Current assets
Debtors		3,689	6,205
Cash at bank and in hand		19,855	10,491
		23,544	16,696
Creditors: amounts falling due within one year		(28,522)	(19,223)
Net current assets (liabilities)		(4,978)	(2,527)
Total assets less current liabilities		4,841	8,174
Creditors: amounts falling due after more than one year		(4,484)	(7,473)
Total net assets (liabilities)		357	701
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		347	691
Shareholders' funds		357	701

For the year ending 31 March 2015 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 8 June 2015

And signed on their behalf by:
MR A PHELAN, Director

PHELAN & CO (SOUTHERN) LTD Registered Number 07547669

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 VALUE, NET OF VALUE ADDED TAX AND DISCOUNTS, OF GOODS PROVIDED TO CUSTOMERS AND WORK CARRIED OUT IN RESPECT OF SERVICES PROVIDED TO CUSTOMERS.

2Tangible fixed assets

	£
Cost
At 1 April 2014	13,605
Additions	1,573
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	15,178
Depreciation
At 1 April 2014	2,904
Charge for the year	2,455
On disposals	-
At 31 March 2015	5,359
Net book values
At 31 March 2015	9,819
At 31 March 2014	10,701

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

	2015 £	2014 £
10 Ordinary shares of £1 each	10	10