Abbreviated Company Accounts - PEACHSIDE LIMITED

Registered Number 00741895

PEACHSIDE LIMITED

Abbreviated Accounts

1 April 2015

PEACHSIDE LIMITED Registered Number 00741895

Abbreviated Balance Sheet as at 1 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	200,280	200,350
Investments	3	400	400
		200,680	200,750
Current assets
Debtors		83,980	75,115
Cash at bank and in hand		301,731	255,200
		385,711	330,315
Creditors: amounts falling due within one year		(99,084)	(66,872)
Net current assets (liabilities)		286,627	263,443
Total assets less current liabilities		487,307	464,193
Total net assets (liabilities)		487,307	464,193
Capital and reserves
Called up share capital		100	100
Revaluation reserve		178,492	178,492
Profit and loss account		308,715	285,601
Shareholders' funds		487,307	464,193

For the year ending 1 April 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 18 December 2015

And signed on their behalf by:
DANIEL FLUSS, Director

PEACHSIDE LIMITED Registered Number 00741895

Notes to the Abbreviated Accounts for the period ended 1 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 20% Reducing balance

Other accounting policies
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.

2Tangible fixed assets

	£
Cost
At 1 April 2014	202,080
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 1 April 2015	202,080
Depreciation
At 1 April 2014	1,730
Charge for the year	70
On disposals	-
At 1 April 2015	1,800
Net book values
At 1 April 2015	200,280
At 31 March 2014	200,350

All fixed assets are initially recorded at cost.

3Fixed assets Investments
The investment is shares in a UK company.