ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

POPKIN & PARTNERS LIMITED - Company Information

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03426128 POPKIN & PARTNERS LIMITED 2014-02-01 2015-01-31 false true 2015-01-31 03426128 2014-02-01 2015-01-31 03426128 2015-01-31 03426128 2014-01-31 03426128 c:OrdinaryShareClass1 2015-01-31 03426128 c:OrdinaryShareClass1 2014-01-31 03426128 c:OrdinaryShareClass1 2014-02-01 2015-01-31 03426128 c:Director1 2014-02-01 2015-01-31 xbrli:shares iso4217:GBP

Registered number: 03426128









POPKIN & PARTNERS LIMITED


UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015
 
POPKIN & PARTNERS LIMITED
REGISTERED NUMBER: 03426128

ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2015

2015
2014
Note
£
£
£
£
 
FIXED ASSETS





 
Investments
 
2
1,926,667

1,767,142
 
CURRENT ASSETS





 
Cash at bank
23,019
12,898
 
CREDITORS: amounts falling due within one year
(38,172)
(21,062)
 
NET CURRENT LIABILITIES


(15,153)

(8,164)
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 1,911,514

 1,758,978
  
CAPITAL AND RESERVES

 
Called up share capital
3
300,000
300,000
 
Profit and loss account
1,611,514
1,458,978
 
SHAREHOLDERS' FUNDS
 

 1,911,514

 1,758,978


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 January 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 15 September 2015.





C S Atkin
Director

The notes on page 2 form part of these financial statements.

Page 1
 
POPKIN & PARTNERS LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Investments

Investments held as fixed assets are shown at the net book value of the company's share of partnership capital and retained profits.


2.FIXED ASSET INVESTMENTS



£


Cost or valuation


At 1 February 2014
1,767,142

Additions
159,525


At 31 January 2015

1,926,667




Net book value


At 31 January 2015
 1,926,667


At 31 January 2014

 1,767,142

The unlisted investment represents the company's interest in a partnership known as Atkin Farm
Machinery. It is stated at the net book value of the company's share of partnership capital and retained
profits. In the opinion of the directors this basis most appropriately reflects the value of the company's
interest in the partnership.


3.SHARE CAPITAL
        2015
        2014
        £

        £

Allotted, called up and fully paid



300,000 Ordinary shares of £1 each
 300,000
 300,000

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