Abbreviated Company Accounts - THE PICTURE HOUSE COMPANY (NE) LIMITED

THE PICTURE HOUSE COMPANY (NE) LIMITED - Company Information

07577841 THE PICTURE HOUSE COMPANY (NE) LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07577841 2014-04-01 2015-03-31 07577841 2015-03-31 07577841 2014-03-31 07577841 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07577841 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 07577841

THE PICTURE HOUSE COMPANY (NE) LIMITED

Abbreviated Accounts

31 March 2015

THE PICTURE HOUSE COMPANY (NE) LIMITED Registered Number 07577841

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,410	12,694
		10,410	12,694
Current assets
Debtors		8,698	520
Cash at bank and in hand		-	1,683
		8,698	2,203
Creditors: amounts falling due within one year		(7,450)	(3,339)
Net current assets (liabilities)		1,248	(1,136)
Total assets less current liabilities		11,658	11,558
Total net assets (liabilities)		11,658	11,558
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		11,558	3,047
Profit and loss account		-	8,411
Shareholders' funds		11,658	11,558

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 24 June 2015

And signed on their behalf by:
PAUL FREDRICK STEPHENSON, Director

THE PICTURE HOUSE COMPANY (NE) LIMITED Registered Number 07577841

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment 18% reducing balance method as per HMRC guidelines
Motor vehicles 18% as per HMRC guidelines

2Tangible fixed assets

	£
Cost
At 1 April 2014	38,365
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	38,365
Depreciation
At 1 April 2014	25,671
Charge for the year	2,284
On disposals	-
At 31 March 2015	27,955
Net book values
At 31 March 2015	10,410
At 31 March 2014	12,694

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100