Parkbourn Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08895064 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 14 February 2014 to 31 March 2015

for

Parkbourn Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M J Parker

Mrs E S Parker

C R Welbourn

Mrs C Welbourn

REGISTERED OFFICE:

14a Albany Road

Weymouth

Dorset

DT4 9TH

REGISTERED NUMBER:

08895064 (England and Wales)

ACCOUNTANTS:

Advoco

Chartered Certified Accountants

Chartered Tax Advisers

14a Albany Road

Weymouth

Dorset

DT4 9TH

FIXED ASSETS

Tangible assets

2

11,250

CURRENT ASSETS

Stocks

228,698

Cash at bank and in hand

25,569

254,267

CREDITORS

Amounts falling due within one year

21,042

NET CURRENT ASSETS

233,225

TOTAL ASSETS LESS CURRENT LIABILITIES

244,475

CREDITORS

Amounts falling due after more than one year

235,500

NET ASSETS

8,975

CAPITAL AND RESERVES

Called up share capital

3

400

Profit and loss account

8,575

SHAREHOLDERS' FUNDS

8,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 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 13 November 2015 and were signed on its behalf by:

M J Parker - Director

C R Welbourn - Director

Mrs E S Parker - Director

Mrs C Welbourn - 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 represents net invoiced sales of goods, excluding value added tax.

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

15,000

At 31 March 2015

15,000

DEPRECIATION

Charge for period

3,750

At 31 March 2015

3,750

NET BOOK VALUE

At 31 March 2015

11,250

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

200

50

Ordinary B

£1

200

400