Patriana Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05239108 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Patriana Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Dear

SECRETARY:

Mr P Dear

REGISTERED OFFICE:

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

REGISTERED NUMBER:

05239108 (England and Wales)

ACCOUNTANTS:

Haines Watts Kent LLP

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

FIXED ASSETS

Tangible assets

2

321

263

CURRENT ASSETS

Stocks

6,100

5,700

Debtors

6,690

5,790

Cash at bank and in hand

10,168

9,202

22,958

20,692

CREDITORS

Amounts falling due within one year

27,022

24,229

NET CURRENT LIABILITIES

(4,064

)

(3,537

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,743

)

(3,274

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(3,744

)

(3,275

)

SHAREHOLDERS' FUNDS

(3,743

)

(3,274

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 29 June 2015 and were signed by:

Mr P Dear - 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 and services, 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

-

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling

at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

Going concern

The financial statements have been prepared on a going concern basis. Uncertainties which may cast

doubt about the ability of the company to continue as a going concern have been identified by the

shareholders, but they have given their financial support as the major creditor of the company for the

foreseeable future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

2,852

Additions

165

At 30 September 2014

3,017

DEPRECIATION

At 1 October 2013

2,589

Charge for year

107

At 30 September 2014

2,696

NET BOOK VALUE

At 30 September 2014

321

At 30 September 2013

263

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

1

1

1