Abbreviated Company Accounts - PARK HOOD (UK) LIMITED

PARK HOOD (UK) LIMITED - Company Information

NI609454 PARK HOOD (UK) LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true NI609454 2014-04-01 2015-03-31 NI609454 2015-03-31 NI609454 2014-03-31 NI609454 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 NI609454 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director4 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director4 2015-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number NI609454

PARK HOOD (UK) LIMITED

Abbreviated Accounts

31 March 2015

PARK HOOD (UK) LIMITED Registered Number NI609454

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	28,420	32,232
Investments	3	5,015	5,015
		33,435	37,247
Current assets
Debtors		523,977	472,721
Cash at bank and in hand		58,456	39,467
		582,433	512,188
Creditors: amounts falling due within one year		(178,383)	(181,916)
Net current assets (liabilities)		404,050	330,272
Total assets less current liabilities		437,485	367,519
Provisions for liabilities		(2,763)	(3,567)
Total net assets (liabilities)		434,722	363,952
Capital and reserves
Called up share capital	4	4	4
Share premium account		4,998	4,998
Profit and loss account		429,720	358,950
Shareholders' funds		434,722	363,952

For the year ending 31 March 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 accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 December 2015

And signed on their behalf by:
Mr Jonathan Park, Director
Mr Stuart Hood, Director

PARK HOOD (UK) LIMITED Registered Number NI609454

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with United Kingdom generally accepted accounting practice and statute comprising the Companies Act 2006.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment - 15% reducing balance
Computer equipment - 50% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 15% reducing balance

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

2Tangible fixed assets

	£
Cost
At 1 April 2014	53,668
Additions	6,687
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	60,355
Depreciation
At 1 April 2014	21,436
Charge for the year	10,499
On disposals	-
At 31 March 2015	31,935
Net book values
At 31 March 2015	28,420
At 31 March 2014	32,232

3Fixed assets Investments
The company's fixed asset investments in respect of shares in group undertakings and participating interests amounted to £5,015 (2014: £5,015) as at 31 March 2015.

As at 31 March 2015, the company owed Park Hood Limited an amount of £4,995 (2014: £4,769). This balance is included in creditors due within one year. No interest is being charged on this loan.

As at 31 March 2015, Park Hood Environmental Ltd owed the company an amount of £45,107 (2014: £15). This balance is included in debtors due within one year. No interest is being charged on this loan.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4

5Transactions with directors

Name of director receiving advance or credit:	Stuart Hood
Description of the transaction:	Loan account
Balance at 1 April 2014:	£ 48,413
Advances or credits made:	£ 74,607
Advances or credits repaid:	£ 40,000
Balance at 31 March 2015:	£ 83,020

Name of director receiving advance or credit:	Jonathan Park
Description of the transaction:	Loan account
Balance at 1 April 2014:	£ 55,135
Advances or credits made:	£ 84,245
Advances or credits repaid:	£ 40,000
Balance at 31 March 2015:	£ 99,380