Paul Pegg Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08334246 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

PAUL PEGG LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr P S W Pegg

REGISTERED OFFICE:

Holly House

Weston Road

Edith Weston

OAKHAM

Leicestershire

LE15 8HQ

REGISTERED NUMBER:

08334246 (England and Wales)

ACCOUNTANTS:

Kingsmead Accounting Ltd

Chartered Accountants

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

FIXED ASSETS

Tangible assets

2

510

680

CURRENT ASSETS

Debtors

17,500

17,130

Cash at bank

65,146

27,170

82,646

44,300

CREDITORS

Amounts falling due within one year

43,275

20,218

NET CURRENT ASSETS

39,371

24,082

TOTAL ASSETS LESS CURRENT LIABILITIES

39,881

24,762

PROVISIONS FOR LIABILITIES

102

136

NET ASSETS

39,779

24,626

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

39,778

24,625

SHAREHOLDERS' FUNDS

39,779

24,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 6 July 2015 and were signed by:

Mr P S W Pegg - 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 services, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% 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.

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 April 2014

and 31 March 2015

907

DEPRECIATION

At 1 April 2014

227

Charge for year

170

At 31 March 2015

397

NET BOOK VALUE

At 31 March 2015

510

At 31 March 2014

680

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1