Abbreviated Company Accounts - PINECOAST LIMITED

03192805 PINECOAST LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 03192805 2014-05-01 2015-04-30 03192805 2015-04-30 03192805 2014-04-30 03192805 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 03192805 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 iso4217:GBP shares

Registered Number 03192805

PINECOAST LIMITED

Abbreviated Accounts

30 April 2015

PINECOAST LIMITED Registered Number 03192805

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,253,796	1,347,079
		1,253,796	1,347,079
Current assets
Debtors		38,635	1,574
Cash at bank and in hand		4,380	9,511
		43,015	11,085
Creditors: amounts falling due within one year		(193,792)	(355,078)
Net current assets (liabilities)		(150,777)	(343,993)
Total assets less current liabilities		1,103,019	1,003,086
Creditors: amounts falling due after more than one year		(50,692)	(58,085)
Accruals and deferred income		(15,074)	(15,074)
Total net assets (liabilities)		1,037,253	929,927
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,037,153	929,827
Shareholders' funds		1,037,253	929,927

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 22 January 2016

And signed on their behalf by:
M W Harley, Director

PINECOAST LIMITED Registered Number 03192805

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment; 20% reducing balance
Properties: 2% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 May 2014	1,694,414
Additions	719
Disposals	(71,525)
Revaluations	-
Transfers	-
At 30 April 2015	1,623,608
Depreciation
At 1 May 2014	347,335
Charge for the year	32,491
On disposals	(10,014)
At 30 April 2015	369,812
Net book values
At 30 April 2015	1,253,796
At 30 April 2014	1,347,079

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100