Petworth Marquee Hire Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04638555 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

FOR

PETWORTH MARQUEE HIRE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

4

DIRECTORS:

R E Whitcomb

E Whitcomb

SECRETARY:

R E Whitcomb

REGISTERED OFFICE:

20 Havelock Road

HASTINGS

East Sussex

TN34 1BP

REGISTERED NUMBER:

04638555 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey LLP

Chartered Accountants & Business Advisers

20 Havelock Road

HASTINGS

East Sussex

TN34 1BP

CURRENT ASSETS

Cash at bank

109

55

CREDITORS

Amounts falling due within one year

118,722

128,443

NET CURRENT LIABILITIES

(118,613

)

(128,388

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(118,613

)

(128,388

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(118,615

)

(128,390

)

SHAREHOLDERS' FUNDS

(118,613

)

(128,388

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 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 3 September 2015 and were signed on its behalf by:

R E Whitcomb - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have made an assessment about the company's ability to continue as a going concern and they do not

consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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 a profit share from a marquee hire partnership.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Deferred tax

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

date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2014

and 31 January 2015

90,000

AMORTISATION

At 1 February 2014

and 31 January 2015

90,000

NET BOOK VALUE

At 31 January 2015

-

At 31 January 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

£

2

Ordinary

£1

2

2

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 three)

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 Petworth Marquee Hire Ltd for the year ended 31 January 2015 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 Petworth Marquee Hire Ltd, 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 Petworth Marquee Hire Ltd and state those matters that we have agreed to state to the Board of Directors of Petworth Marquee Hire Ltd, 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 Petworth Marquee Hire Ltd 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 Petworth Marquee Hire Ltd. You consider that Petworth Marquee Hire Ltd 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 Petworth Marquee Hire Ltd. 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.

Ashdown Hurrey LLP

Chartered Accountants & Business Advisers

20 Havelock Road

HASTINGS

East Sussex

TN34 1BP

3 September 2015