Abbreviated Company Accounts - PERFECTIONERY LIMITED

PERFECTIONERY LIMITED - Company Information

08489372 PERFECTIONERY LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 08489372 2014-05-01 2015-04-30 08489372 2015-04-30 08489372 2014-04-30 08489372 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 08489372 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-30 iso4217:GBP shares

Registered Number 08489372

PERFECTIONERY LIMITED

Abbreviated Accounts

30 April 2015

PERFECTIONERY LIMITED Registered Number 08489372

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	17,400	23,200
Tangible assets	3	2,214	712
		19,614	23,912
Current assets
Stocks		1,500	1,000
Debtors		3,981	2,897
Cash at bank and in hand		3,714	4,202
		9,195	8,099
Creditors: amounts falling due within one year		(6,975)	(2,172)
Net current assets (liabilities)		2,220	5,927
Total assets less current liabilities		21,834	29,839
Creditors: amounts falling due after more than one year		(82,530)	(58,882)
Total net assets (liabilities)		(60,696)	(29,043)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(60,796)	(29,143)
Shareholders' funds		(60,696)	(29,043)

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 25 January 2016

And signed on their behalf by:
P E J Roberts, Director

PERFECTIONERY LIMITED Registered Number 08489372

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparing the financial statements
The financial statements have been prepared on the going concern basis on the assumption that the company can continue to rely on the support of the directors.

Accounting convention
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 represent net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection of the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete ad slow moving items.

2Intangible fixed assets

	£
Cost
At 1 May 2014	29,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	29,000
Amortisation
At 1 May 2014	5,800
Charge for the year	5,800
On disposals	-
At 30 April 2015	11,600
Net book values
At 30 April 2015	17,400
At 30 April 2014	23,200

3Tangible fixed assets

	£
Cost
At 1 May 2014	950
Additions	2,240
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	3,190
Depreciation
At 1 May 2014	238
Charge for the year	738
On disposals	-
At 30 April 2015	976
Net book values
At 30 April 2015	2,214
At 30 April 2014	712

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
99 Ordinary shares of £1 each	99	99
1 A Ordinary shares of £1 each	1	1