PENKETH_SERVICES_LIMITED - Accounts
PENKETH_SERVICES_LIMITED - Accounts
Company Registration No. 06027872 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
Current assets
Stocks
-
Debtors
Cash at bank and in hand
-
Creditors: amounts falling due within one year
(111,339 )
(181,277 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 8 December 2015
Director
Company Registration No. 06027872
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
1.5
Stock
Stock is stated at cost or net realisable value, whichever is lower. Cost comprises direct purchase costs (including transportation) and is determined using the first-in, first-out (FIFO) method for all stocks.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.7
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2014
19,984
Disposals
(19,984)
At 30 June 2015
-
Depreciation
At 1 July 2014
12,674
On disposals
(12,674)
At 30 June 2015
-
Net book value
At 30 June 2015
-
At 30 June 2014
7,310
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid