Primary Network Products (UK) Ltd - Limited company - abbreviated - 11.6
Primary Network Products (UK) Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| for |
| Primary Network Products (UK) Ltd |
| Primary Network Products (UK) Ltd (Registered number: 05529842) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Primary Network Products (UK) Ltd |
| Company Information |
| for the Year Ended 31 December 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Primary Network Products (UK) Ltd (Registered number: 05529842) |
| Abbreviated Balance Sheet |
| 31 December 2014 |
| 31/12/14 | 31/12/13 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| Primary Network Products (UK) Ltd (Registered number: 05529842) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| 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 |
| Office equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/12/14 | 31/12/13 |
| value: | £ | £ |
| Ordinary | £1 |
| Preference | £1 |
| 200 | 200 |
| Primary Network Products (UK) Ltd (Registered number: 05529842) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2014 |
| 4. | 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: |
| 31/12/14 | 31/12/13 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| In January 2014, the company made a short term loan of £40,000 to one of its directors, Mr C M Brown. The |
| loan was unsecured with interest of 5% being charged. The loan was repaid in full during May 2014. |
| In November 2014, the company made a short term loan of £20,000 to one of its directors, Mr C M Brown. The |
| loan was unsecured with interest of 5% being charged. The loan was repaid in full in February 2015. |