Palefields Limited - Abbreviated accounts

Registered number

00862172

Palefields Limited

Abbreviated Accounts for the year ended

30 April 2015

Palefields Limited
Registered number:		00862172
Abbreviated Balance Sheet
as at 30 April 2015

Notes			2015			2014
£				£
Current assets
Cash at bank and in hand		100			100


Net current assets			100			100

Net assets			100			100

Capital and reserves
Called up share capital	2		100			100

Shareholders' funds			100			100

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



J C Bendon
Director
Approved by the board on 22 January 2016

Palefields Limited
Notes to the Abbreviated Accounts
for the year ended 30 April 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	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.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100