Abbreviated Company Accounts - PACKFORDS LIMITED

Registered Number 04573438

PACKFORDS LIMITED

Abbreviated Accounts

31 January 2015

PACKFORDS LIMITED Registered Number 04573438

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	30,000	30,000
Tangible assets	3	204,120	210,279
		234,120	240,279
Current assets
Stocks		1,112	2,497
Debtors		18,655	28,354
		19,767	30,851
Creditors: amounts falling due within one year		(51,977)	(55,228)
Net current assets (liabilities)		(32,210)	(24,377)
Total assets less current liabilities		201,910	215,902
Creditors: amounts falling due after more than one year		(195,828)	(212,891)
Total net assets (liabilities)		6,082	3,011
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		5,082	2,011
Shareholders' funds		6,082	3,011

For the year ending 31 January 2015 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 3 September 2015

And signed on their behalf by:
D A Packford, Director

PACKFORDS LIMITED Registered Number 04573438

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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
Turnover represents amounts invoiced during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Long Term Leasehold Property 50 years
Office Equipment 20% reducing balance

2Intangible fixed assets

	£
Cost
At 1 February 2014	120,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	120,000
Amortisation
At 1 February 2014	90,000
Charge for the year	-
On disposals	-
At 31 January 2015	90,000
Net book values
At 31 January 2015	30,000
At 31 January 2014	30,000

3Tangible fixed assets

	£
Cost
At 1 February 2014	356,725
Additions	975
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	357,700
Depreciation
At 1 February 2014	146,446
Charge for the year	7,134
On disposals	-
At 31 January 2015	153,580
Net book values
At 31 January 2015	204,120
At 31 January 2014	210,279