Purple Duck Ltd - Limited company - abbreviated

REGISTERED NUMBER: 05641434 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Purple Duck Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs J L Lampard

S J Lampard

SECRETARY:

Mrs J L Lampard

REGISTERED OFFICE:

Mornhill

109 Hartley Road

Portsmouth

Hampshire

PO2 9HX

REGISTERED NUMBER:

05641434 (England and Wales)

ACCOUNTANTS:

Dawkins Lewis & Soar

Chartered Accountants

4 Cowdown Business Park

Micheldever

Winchester

Hampshire

SO21 3DN

FIXED ASSETS

Tangible assets

2

-

Investment property

3

855,671

CURRENT ASSETS

Debtors

-

1,318

Cash at bank

8,481

21,253

8,481

22,571

CREDITORS

Amounts falling due within one year

55,178

53,102

NET CURRENT LIABILITIES

(46,697

)

(30,531

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

808,974

825,140

CREDITORS

Amounts falling due after more than one
year

4

776,403

791,150

NET ASSETS

32,571

33,990

CAPITAL AND RESERVES

Called up share capital

5

7

Profit and loss account

32,564

33,983

SHAREHOLDERS' FUNDS

32,571

33,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 28 September 2015 and were signed on its behalf
by:

Mrs J L Lampard - 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 is the net property income earned in the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost

Investment property

Investment is shown at the lower of cost or net realisable value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

2,092

DEPRECIATION

At 1 January 2014

and 31 December 2014

2,092

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

-

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2014

and 31 December 2014

855,671

NET BOOK VALUE

At 31 December 2014

855,671

At 31 December 2013

855,671

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.14

31.12.13

£

Repayable by instalments

430,932

479,830

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

7

Ordinary

£1

7

Purple Duck Ltd - Limited company - abbreviated - 11.6

Purple Duck Ltd - Limited company - abbreviated - 11.6