Phil O'Connor Photography Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05262054

Abbreviated Accounts for the Year Ended 31 October 2014

for

Phil O'Connor Photography Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P O'Connor

SECRETARY:

MRS N O'CONNOR

REGISTERED OFFICE:

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

REGISTERED NUMBER:

05262054

ACCOUNTANTS:

AccountLets

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

FIXED ASSETS

Tangible assets

2

3,845

5,126

CURRENT ASSETS

Cash at bank

1,263

1,256

CREDITORS

Amounts falling due within one year

13,770

4,672

NET CURRENT LIABILITIES

(12,507

)

(3,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,662

)

1,710

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(8,762

)

1,610

SHAREHOLDERS' FUNDS

(8,662

)

1,710

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 19 June 2015 and were signed by:

P O'Connor - 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

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on

a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions

payable to the company's pension scheme are charged to the profit and loss

account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

17,958

DEPRECIATION

At 1 November 2013

12,832

Charge for year

1,281

At 31 October 2014

14,113

NET BOOK VALUE

At 31 October 2014

3,845

At 31 October 2013

5,126

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

2

Ordinary

£1

100

100