Abbreviated Company Accounts - P.E.P. DEVELOPMENTS LIMITED

P.E.P. DEVELOPMENTS LIMITED - Company Information

03069439 P.E.P. DEVELOPMENTS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 03069439 2013-11-01 2014-10-31 03069439 2014-10-31 03069439 2013-10-31 03069439 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 03069439 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 03069439

P.E.P. DEVELOPMENTS LIMITED

Abbreviated Accounts

31 October 2014

P.E.P. DEVELOPMENTS LIMITED Registered Number 03069439

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	13,493	18,745
		13,493	18,745
Current assets
Stocks		403,354	207,800
Debtors		6,821	19,757
Cash at bank and in hand		429	122,622
		410,604	350,179
Creditors: amounts falling due within one year		(81,185)	(24,568)
Net current assets (liabilities)		329,419	325,611
Total assets less current liabilities		342,912	344,356
Creditors: amounts falling due after more than one year		(252,000)	(252,000)
Total net assets (liabilities)		90,912	92,356
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		90,812	92,256
Shareholders' funds		90,912	92,356

For the year ending 31 October 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 22 May 2015

And signed on their behalf by:
PET Price, Director

P.E.P. DEVELOPMENTS LIMITED Registered Number 03069439

Notes to the Abbreviated Accounts for the period ended 31 October 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.

2Tangible fixed assets

	£
Cost
At 1 November 2013	74,880
Additions	-
Disposals	(5,750)
Revaluations	-
Transfers	-
At 31 October 2014	69,130
Depreciation
At 1 November 2013	56,135
Charge for the year	4,191
On disposals	(4,689)
At 31 October 2014	55,637
Net book values
At 31 October 2014	13,493
At 31 October 2013	18,745

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100