Abbreviated Company Accounts - PICKWICK OVENS LIMITED

PICKWICK OVENS LIMITED - Company Information

03653434 PICKWICK OVENS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 03653434 2013-11-01 2014-10-31 03653434 2014-10-31 03653434 2013-10-31 03653434 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 03653434 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 03653434

PICKWICK OVENS LIMITED

Abbreviated Accounts

31 October 2014

PICKWICK OVENS LIMITED Registered Number 03653434

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Current assets
Debtors	2	10,002	10,002
		10,002	10,002
Net current assets (liabilities)		10,002	10,002
Total assets less current liabilities		10,002	10,002
Total net assets (liabilities)		10,002	10,002
Capital and reserves
Called up share capital	3	10,002	10,002
Shareholders' funds		10,002	10,002

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 31 July 2015

And signed on their behalf by:
R. A. Webb, Director
L. M. Webb, Director

PICKWICK OVENS LIMITED Registered Number 03653434

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset.

Intangible assets amortisation policy
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Valuation information and policy
Deferred Tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included within the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	10,002	10,002

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

	2014 £	2013 £
10,002 Ordinary shares of £1 each	10,002	10,002