Abbreviated Company Accounts - FREEMAN & PARDOE LIMITED

Abbreviated Company Accounts - FREEMAN & PARDOE LIMITED


Registered Number 00653412

FREEMAN & PARDOE LIMITED

Abbreviated Accounts

30 April 2015

FREEMAN & PARDOE LIMITED Registered Number 00653412

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 385,513 713,567
385,513 713,567
Current assets
Stocks 803,947 750,771
Debtors 587,953 1,049,733
Cash at bank and in hand 432,852 562,730
1,824,752 2,363,234
Prepayments and accrued income 168,450 132,731
Creditors: amounts falling due within one year (838,390) (843,520)
Net current assets (liabilities) 1,154,812 1,652,445
Total assets less current liabilities 1,540,325 2,366,012
Provisions for liabilities (71,136) (286)
Total net assets (liabilities) 1,469,189 2,365,726
Capital and reserves
Called up share capital 3 8,002 8,002
Revaluation reserve 0 445,000
Other reserves 0 0
Profit and loss account 1,461,187 1,912,724
Shareholders' funds 1,469,189 2,365,726
  • For the year ending 30 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 26 January 2016

And signed on their behalf by:
Timothy Barrett, Director

FREEMAN & PARDOE LIMITED Registered Number 00653412

Notes to the Abbreviated Accounts for the period ended 30 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
Turnover represents invoiced sales of goods excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life:

Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 May 2014 1,519,082
Additions 267,362
Disposals (550,000)
Revaluations -
Transfers -
At 30 April 2015 1,236,444
Depreciation
At 1 May 2014 805,515
Charge for the year 55,416
On disposals (10,000)
At 30 April 2015 850,931
Net book values
At 30 April 2015 385,513
At 30 April 2014 713,567
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
8,002 Ordinary shares of £1 each 8,002 8,002