Pro Optics Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04820362 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Pro Optics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Bashir

SECRETARY:

Mrs S Bashir

REGISTERED OFFICE:

Albion House

64 Vicar Lane

Bradford

BD1 5AH

REGISTERED NUMBER:

04820362 (England and Wales)

ACCOUNTANTS:

Isaacs

Albion House

64 Vicar Lane

Bradford

West Yorkshire

BD1 5AH

CURRENT ASSETS

Stocks

-

23,943

Debtors

-

56,440

Cash at bank

98,465

99,084

98,465

179,467

CREDITORS

Amounts falling due within one year

32,268

66,614

NET CURRENT ASSETS

66,197

112,853

TOTAL ASSETS LESS CURRENT LIABILITIES

66,197

112,853

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

65,997

112,653

SHAREHOLDERS' FUNDS

66,197

112,853

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 December 2015 and were signed by:

A Bashir - 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 services, 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 etc

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

4,943

DEPRECIATION

At 1 April 2014

and 31 March 2015

4,943

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

100

Ordinary A

£1

100

100

200

200