Pauls Bacon (Great Yarmouth) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04221169 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Pauls Bacon (Great Yarmouth) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Betts

REGISTERED OFFICE:

2 Kitchener Road

Great Yarmouth

Norfolk

NR30 4HU

REGISTERED NUMBER:

04221169 (England and Wales)

ACCOUNTANTS:

East Coast Accounting Services Limited

293 El Alamein Way

Bradwell

Norfolk

NR31 8TX

FIXED ASSETS

Tangible assets

2

8,306

11,075

CURRENT ASSETS

Stocks

3,500

3,500

Debtors

2,956

2,393

Cash at bank and in hand

76,915

68,811

83,371

74,704

CREDITORS

Amounts falling due within one year

44,419

41,170

NET CURRENT ASSETS

38,952

33,534

TOTAL ASSETS LESS CURRENT LIABILITIES

47,258

44,609

CREDITORS

Amounts falling due after more than one year

(1,383

)

(3,020

)

PROVISIONS FOR LIABILITIES

(1,341

)

(1,825

)

NET ASSETS

44,534

39,764

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

44,532

39,762

SHAREHOLDERS' FUNDS

44,534

39,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 August 2015 and were signed by:

P Betts - 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 net invoiced sales of goods, 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.

Motor vehicles 25% reducing balance

Fixtures and fittings 25% reducing balance

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 December 2013

and 30 November 2014

56,004

DEPRECIATION

At 1 December 2013

44,929

Charge for year

2,769

At 30 November 2014

47,698

NET BOOK VALUE

At 30 November 2014

8,306

At 30 November 2013

11,075

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

2

Ordinary shares

£1

2

2