Abbreviated Company Accounts - P D WHEATLAND LIMITED

Abbreviated Company Accounts - P D WHEATLAND LIMITED

P D WHEATLAND LIMITED - Company Information

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Registered Number 04639577

P D WHEATLAND LIMITED

Abbreviated Accounts

30 April 2015

P D WHEATLAND LIMITED Registered Number 04639577

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 8,000 9,000
Tangible assets 3 73 87
8,073 9,087
Current assets
Debtors 637 930
Cash at bank and in hand 778 419
1,415 1,349
Creditors: amounts falling due within one year (11,563) (18,102)
Net current assets (liabilities) (10,148) (16,753)
Total assets less current liabilities (2,075) (7,666)
Creditors: amounts falling due after more than one year (3,916) -
Total net assets (liabilities) (5,991) (7,666)
Capital and reserves
Called up share capital 100 100
Profit and loss account (6,091) (7,766)
Shareholders' funds (5,991) (7,666)
  • 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 29 January 2016

And signed on their behalf by:
Mr S F Wheatland, Director
Mr P D Wheatland, Director

P D WHEATLAND LIMITED Registered Number 04639577

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

1Accounting Policies

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, Fittings & Equipment - 15% Reducing Balance

2Intangible fixed assets
£
Cost
At 1 May 2014 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 20,000
Amortisation
At 1 May 2014 11,000
Charge for the year 1,000
On disposals -
At 30 April 2015 12,000
Net book values
At 30 April 2015 8,000
At 30 April 2014 9,000
3Tangible fixed assets
£
Cost
At 1 May 2014 540
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 540
Depreciation
At 1 May 2014 453
Charge for the year 14
On disposals -
At 30 April 2015 467
Net book values
At 30 April 2015 73
At 30 April 2014 87