PBA Trading Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06779181 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

PBA Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

6

DIRECTOR:

A.P. Barker

REGISTERED OFFICE:

11 Moor Street

Chepstow

Monmouthshire

NP16 5DD

REGISTERED NUMBER:

06779181 (England and Wales)

ACCOUNTANTS:

bdhc Chartered Accountants

11 Moor Street

Chepstow

Monmouthshire

NP16 5DD

FIXED ASSETS

Intangible assets

2

39,263

44,372

Tangible assets

3

114,275

115,334

Investments

4

15,000

15,000

168,538

174,706

CURRENT ASSETS

Debtors

115,017

144,467

Cash at bank

3,934

199

118,951

144,666

CREDITORS

Amounts falling due within one year

85,609

154,176

NET CURRENT ASSETS/(LIABILITIES)

33,342

(9,510

)

TOTAL ASSETS LESS CURRENT LIABILITIES

201,880

165,196

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

201,879

165,195

SHAREHOLDERS' FUNDS

201,880

165,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 September 2014 and were signed by:

A.P. Barker - 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.

Intangible fixed assets

During the year development work was done to the existing company websites. These assets are currently

being amortised over a period of 10 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

51,090

AMORTISATION

At 1 January 2013

6,718

Amortisation for year

5,109

At 31 December 2013

11,827

NET BOOK VALUE

At 31 December 2013

39,263

At 31 December 2012

44,372

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

122,709

Additions

3,178

At 31 December 2013

125,887

DEPRECIATION

At 1 January 2013

7,375

Charge for year

4,237

At 31 December 2013

11,612

NET BOOK VALUE

At 31 December 2013

114,275

At 31 December 2012

115,334

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

15,000

NET BOOK VALUE

At 31 December 2013

15,000

At 31 December 2012

15,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1

Ordinary

£1

1

1

6.	ULTIMATE PARENT COMPANY

Wye-APB Limited is regarded by the director as being the company's ultimate parent company.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Wye-APB Limited.