Pipers Projects Limited - Limited company - abbreviated - 11.9

Pipers Projects Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 02924619 (England and Wales)


















Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

Pipers Projects Limited

Pipers Projects Limited (Registered number: 02924619)






Contents of the Abbreviated Accounts
for the Year Ended 31 October 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

Pipers Projects Limited

Company Information
for the Year Ended 31 October 2014







DIRECTORS: N P McKeogh
P M McKeogh





REGISTERED OFFICE: 16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL





REGISTERED NUMBER: 02924619 (England and Wales)





ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL

Pipers Projects Limited (Registered number: 02924619)

Abbreviated Balance Sheet
31 October 2014

31.10.14 31.10.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 299,892 333,612

CURRENT ASSETS
Debtors 1,361,628 1,204,728
Cash at bank and in hand 177,049 85,100
1,538,677 1,289,828
CREDITORS
Amounts falling due within one year 2,071,592 1,671,303
NET CURRENT LIABILITIES (532,915 ) (381,475 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(233,023
)
(47,863
)

CREDITORS
Amounts falling due after more than one
year

-

258,480
NET LIABILITIES (233,023 ) (306,343 )

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Profit and loss account (234,023 ) (307,343 )
SHAREHOLDERS' FUNDS (233,023 ) (306,343 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 16 October 2015 and were signed on its behalf by:



P M McKeogh - Director


Pipers Projects Limited (Registered number: 02924619)

Notes to the Abbreviated Accounts
for the Year Ended 31 October 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 services, excluding value added tax. Income is recognised as services
are performed and as the events take place. Costs incurred for events taking place after year end have been
deferred and included in debtors.

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

Improvements to property - 25% on cost and 15% on cost
Models - 2% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Going concern
Even though the company is in a net liability position, the directors' are satisfied that the company will trade out
of the current difficult position and be able to pay its debts. The company will also be supported by companies
which are under control of same shareholders. Hence the directors' believe that the accounts should be prepared
on a going concern basis.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013 1,512,604
Additions 8,610
At 31 October 2014 1,521,214
DEPRECIATION
At 1 November 2013 1,178,992
Charge for year 42,330
At 31 October 2014 1,221,322
NET BOOK VALUE
At 31 October 2014 299,892
At 31 October 2013 333,612

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.14 31.10.13
value: £    £   
1,000 Ordinary 1 1,000 1,000

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Pipers Projects Limited

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 Pipers Projects Limited for the year ended 31 October 2014 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 Pipers Projects Limited, 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 Pipers Projects Limited and state those matters that we have agreed to state to the Board of Directors of Pipers Projects Limited, 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 Pipers Projects Limited 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 Pipers Projects Limited. You consider that Pipers Projects Limited 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 Pipers Projects Limited. 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.






RBS Accountants Limited
16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL


Date: .............................................