P.R.O. Marketing Co. Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00923918 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

P.R.O. Marketing Co. Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Robinson

SECRETARY:

Mrs A E Taylor

REGISTERED OFFICE:

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

REGISTERED NUMBER:

00923918 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

2

55,268

58,569

CURRENT ASSETS

Stocks

14,164

16,000

Debtors

10,111

7,034

Cash at bank and in hand

2,055

2,304

26,330

25,338

CREDITORS

Amounts falling due within one year

10,812

13,793

NET CURRENT ASSETS

15,518

11,545

TOTAL ASSETS LESS CURRENT LIABILITIES

70,786

70,114

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

69,786

69,114

SHAREHOLDERS' FUNDS

70,786

70,114

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 17 December 2015 and were signed by:

P Robinson - 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

201,285

DEPRECIATION

At 1 April 2014

142,716

Charge for year

3,301

At 31 March 2015

146,017

NET BOOK VALUE

At 31 March 2015

55,268

At 31 March 2014

58,569

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000