Abbreviated Company Accounts - PAUL TOEMAN ENTERPRISES LIMITED

PAUL TOEMAN ENTERPRISES LIMITED - Company Information

Registered Number 07023728

PAUL TOEMAN ENTERPRISES LIMITED

Abbreviated Accounts

30 September 2014

PAUL TOEMAN ENTERPRISES LIMITED Registered Number 07023728

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,594	8,618
		12,594	8,618
Current assets
Debtors		60,558	107,383
Cash at bank and in hand		4,350	18,677
		64,908	126,060
Creditors: amounts falling due within one year		(229,365)	(287,344)
Net current assets (liabilities)		(164,457)	(161,284)
Total assets less current liabilities		(151,863)	(152,666)
Total net assets (liabilities)		(151,863)	(152,666)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(151,864)	(152,667)
Shareholders' funds		(151,863)	(152,666)

For the year ending 30 September 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 3 June 2015

And signed on their behalf by:
P Toeman, Director

PAUL TOEMAN ENTERPRISES LIMITED Registered Number 07023728

Notes to the Abbreviated Accounts for the period ended 30 September 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:

Plant and machinery -
Fixtures, fittings
and equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 October 2013	31,943
Additions	13,887
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	45,830
Depreciation
At 1 October 2013	23,325
Charge for the year	9,911
On disposals	-
At 30 September 2014	33,236
Net book values
At 30 September 2014	12,594
At 30 September 2013	8,618