P.A. Marketing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02482621 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

P.A. Marketing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

A Arnold

D Arnold

SECRETARY:

A Arnold

REGISTERED OFFICE:

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

REGISTERED NUMBER:

02482621 (England and Wales)

ACCOUNTANTS:

Voisey & Co

Chartered Accountants

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

FIXED ASSETS

Tangible assets

2

799

1,872

Investments

3

2,045

2,045

2,844

3,917

CURRENT ASSETS

Stocks

300

300

Debtors

26,300

30,171

Cash at bank

1,647

-

28,247

30,471

CREDITORS

Amounts falling due within one year

4

26,453

39,709

NET CURRENT ASSETS/(LIABILITIES)

1,794

(9,238

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,638

(5,321

)

CREDITORS

Amounts falling due after more than one year

4

3,164

5,240

NET ASSETS/(LIABILITIES)

1,474

(10,561

)

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

474

(11,561

)

SHAREHOLDERS' FUNDS

1,474

(10,561

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 August 2015 and were signed on its behalf by:

A Arnold - 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).

Revenue recognition

Revenue is measured as the fair value of the consideration received or receivable and represents amounts

receivable for services provided in the normal course of business, 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.

Long leasehold

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

35,569

DEPRECIATION

At 1 January 2014

33,697

Charge for year

1,073

At 31 December 2014

34,770

NET BOOK VALUE

At 31 December 2014

799

At 31 December 2013

1,872

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

2,045

NET BOOK VALUE

At 31 December 2014

2,045

At 31 December 2013

2,045

4.

CREDITORS

Creditors include an amount of £ 5,240 (2013 - £ 16,445 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2014 and

31 December 2013:

2014

2013

£

£

A Arnold

Balance outstanding at start of year

8,052

12,201

Amounts advanced

17,232

5,451

Amounts repaid

(29,197

)

(9,600

)

Balance outstanding at end of year

(3,913

)

8,052

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £13,500 were paid to the directors .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A Arnold.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of P.A. Marketing Limited for the year ended 31 December 2014 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of P.A. Marketing Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P.A. Marketing Limited and state those matters that we have agreed to state to the Board of Directors of P.A. Marketing Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P.A. Marketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P.A. Marketing Limited. You consider that P.A. Marketing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P.A. Marketing Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Voisey & Co

Chartered Accountants

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

21 August 2015