Abbreviated Company Accounts - PIPAC LTD

Registered Number 06008188

PIPAC LTD

Abbreviated Accounts

30 November 2013

PIPAC LTD Registered Number 06008188

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	21,133	6,400
		21,133	6,400
Current assets
Stocks		3,000	1,500
Debtors		1,250	3,000
Investments		2,331	316
		6,581	4,816
Creditors: amounts falling due within one year		(25,868)	(7,979)
Net current assets (liabilities)		(19,287)	(3,163)
Total assets less current liabilities		1,846	3,237
Total net assets (liabilities)		1,846	3,237
Capital and reserves
Called up share capital		1	1
Profit and loss account		1,845	3,236
Shareholders' funds		1,846	3,237

For the year ending 30 November 2013 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 28 August 2014

And signed on their behalf by:
Andrew Carruthers, Director

PIPAC LTD Registered Number 06008188

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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.

2Tangible fixed assets

	£
Cost
At 1 December 2012	9,500
Additions	16,013
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	25,513
Depreciation
At 1 December 2012	3,100
Charge for the year	1,280
On disposals	-
At 30 November 2013	4,380
Net book values
At 30 November 2013	21,133
At 30 November 2012	6,400