Pisces Conservation Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03105301 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

PISCES CONSERVATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr R M H Seaby BSc PhD

Dr P A Henderson BSc BA PhD FLS

SECRETARY:

Ms V S K J Hopkins

REGISTERED OFFICE:

36a Station Road

New Milton

Hampshire

BH25 6JX

REGISTERED NUMBER:

03105301 (England and Wales)

ACCOUNTANTS:

David Shores & Co Ltd

36a Station Road

New Milton

Hampshire

BH25 6JX

BANKERS:

Lloyds Bank plc

Castle Street

Christchurch

Dorset

BH23 1DU

FIXED ASSETS

Tangible assets

2

10,726

5,775

CURRENT ASSETS

Debtors

22,517

89,007

Cash at bank and in hand

144,112

151,521

166,629

240,528

CREDITORS

Amounts falling due within one year

26,636

46,573

NET CURRENT ASSETS

139,993

193,955

TOTAL ASSETS LESS CURRENT LIABILITIES

150,719

199,730

PROVISIONS FOR LIABILITIES

2,056

1,046

NET ASSETS

148,663

198,684

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

148,659

198,680

SHAREHOLDERS' FUNDS

148,663

198,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 July 2015 and were signed on its behalf by:

Dr R M H Seaby BSc PhD - 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 the net invoiced sales of books, software and consultancy services during the year,

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.

Fittings & equipment

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not

reversed at the balance sheet date.

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.

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 November 2013

24,896

Additions

7,869

At 31 October 2014

32,765

DEPRECIATION

At 1 November 2013

19,121

Charge for year

2,918

At 31 October 2014

22,039

NET BOOK VALUE

At 31 October 2014

10,726

At 31 October 2013

5,775

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary

£1

4

4

4.	ULTIMATE PARENT COMPANY

In the opinion of the directors, the company is controlled by Dr R M H Seaby and Dr P A Henderson.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, dividends amounting to £110,000 (2013 - £66,000) were paid to the directors and their

spouses.

At the balance sheet date, £2,477 (2013 - £1,604) was owing to the directors. No interest is payable on

this balance.