Abbreviated Company Accounts - PORCUPINE PR LIMITED

Abbreviated Company Accounts - PORCUPINE PR LIMITED

PORCUPINE PR LIMITED - Company Information

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Registered Number 04043589

PORCUPINE PR LIMITED

Abbreviated Accounts

31 May 2015

PORCUPINE PR LIMITED Registered Number 04043589

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 50,856 67,807
50,856 67,807
Current assets
Debtors 33,526 40,517
Cash at bank and in hand 11 75
33,537 40,592
Creditors: amounts falling due within one year (38,061) (43,383)
Net current assets (liabilities) (4,524) (2,791)
Total assets less current liabilities 46,332 65,016
Creditors: amounts falling due after more than one year (30,793) (36,436)
Total net assets (liabilities) 15,539 28,580
Capital and reserves
Called up share capital 4 4
Profit and loss account 15,535 28,576
Shareholders' funds 15,539 28,580
  • For the year ending 31 May 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 11 November 2015

And signed on their behalf by:
Andrew Doran, Director

PORCUPINE PR LIMITED Registered Number 04043589

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation has been provided at 25% on a reducing balance basis to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 June 2014 127,028
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 127,028
Depreciation
At 1 June 2014 59,221
Charge for the year 16,951
On disposals -
At 31 May 2015 76,172
Net book values
At 31 May 2015 50,856
At 31 May 2014 67,807