Accounts filed on 30-09-2015

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			Company registration number:04547081
			PDJ IMPORTS LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 30 September 2015

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PDJ IMPORTS LIMITED
BALANCE SHEET
AS AT 30 September 2015
			2015				2014
		Notes	£		£		£		£
FIXED ASSETS
Intangible assets		2			14,000				16,000
Tangible assets		3			28,966				4,070
					42,966				20,070
CURRENT ASSETS
Stocks			27,790				23,989
Debtors			68,856				68,319
Cash at bank and in hand			187,849				200,522
			284,495				292,830
CREDITORS
Amounts falling due within one year			(78,585)				(102,094)
NET CURRENT ASSETS					205,910				190,736
TOTAL ASSETS LESS
CURRENT LIABILITIES					248,876				210,806
NET ASSETS					248,876				210,806
CAPITAL AND RESERVES
Called-up equity share capital		4			300				300
Profit and loss account					248,576				210,506
SHAREHOLDERS FUNDS					248,876				210,806
For the year ending 30 September 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 18 November 2015 and signed on its behalf.
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J W Weed - Director
18 November 2015
The annexed notes form part of these financial statements.

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PDJ IMPORTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents income receivable for goods and services provided in the period, exclusive of Value Added Tax and trade discounts. Income is recognised in the period to which it relates.

Intangible assets

Goodwill is the difference between the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets. It is being written off in equal annual instalments over its estimated economic life.

Fixed assets

A full year's depreciation is charged in the year of acquisition of an asset but none in the year of disposal. Depreciation has been computed to write off the cost of fixed assets over their expected useful lives at the following rates:-

Office equipment 25% per annum reducing balance

Motor vehicles 25% per annum reducing balance

Freehold property (buildings only) 5% per annum on cost

Stocks and work In progress

Stocks and work in progress are valued consistently at the lower of cost (on a first in, first out basis) or net realisable value. Cost, where appropriate, includes a proportion of directly attributable overheads.

Deferred taxation

Deferred tax assets and liabilities have arisen from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. Full provision is made for all liabilities, and provision is made for assets to the extent that they are considered more likely than not to be recoverable in the foreseeable future. Provision is made using tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based upon rates enacted at the balance sheet date.

2.	Intangible fixed assets
				Total
	Cost
	At start of period			40,000
	At end of period			40,000
	Amortisation
	At start of period			24,000
	Provided during the period			2,000
	At end of period			26,000
	Net Book Values
	At start of period			16,000
	At end of period			14,000

3.	Tangible fixed assets
				Total
	Cost
	At start of period			41,400
	Additions			36,713
	Disposals			(30,115)
	At end of period			47,998
	Depreciation
	At start of period			37,330
	Provided during the period			9,557
	On disposals			(27,855)
	At end of period			19,032
	Net Book Value
	At start of period			4,070
	At end of period			28,966

4.	Share capital				Allotted, issued and fully paid
					2015	2014
					£	£
	Ordinary shares of £1 each				300	300
	Total issued share capital				300	300
5.	Ultimate controlling party
	In the opinion of the directors there is no ultimate controlling party.