P A Duxbury Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04747246 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

P A Duxbury Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P A Duxbury

SECRETARY:

Casered Ltd

REGISTERED OFFICE:

Suites 5 & 6, The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

REGISTERED NUMBER:

04747246 (England and Wales)

ACCOUNTANTS:

Towers & Gornall

Chartered Certified Accountants

Suites 5 & 6, The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

BANKERS:

Barclays Bank plc

Castle Street

Clitheroe

Lancashire

BB7 2BT

FIXED ASSETS

Tangible assets

2

679

437

CURRENT ASSETS

Stocks

50

50

Debtors

5,015

2,035

Cash at bank

8,530

3,461

13,595

5,546

CREDITORS

Amounts falling due within one year

3,990

1,977

NET CURRENT ASSETS

9,605

3,569

TOTAL ASSETS LESS CURRENT LIABILITIES

10,284

4,006

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

10,184

3,906

SHAREHOLDERS' FUNDS

10,284

4,006

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 21 July 2015 and were signed by:

Mr P A Duxbury - 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.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

1,785

Additions

360

At 31 March 2015

2,145

DEPRECIATION

At 1 April 2014

1,348

Charge for year

118

At 31 March 2015

1,466

NET BOOK VALUE

At 31 March 2015

679

At 31 March 2014

437

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party for the year was considered to be Mr PA Duxbury by virtue of his 100%

holding in the ordinary share capital.