ACCOUNTS - Accounts

ACCOUNTS - Accounts

PLEAT PROMOTIONS LIMITED - Company Information

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01933793 PLEAT PROMOTIONS LIMITED 2014-08-01 2015-07-31 false true 2015-07-31 01933793 2014-08-01 2015-07-31 01933793 2015-07-31 01933793 2014-07-31 01933793 c:MotorVehicles 2014-08-01 2015-07-31 01933793 d:OrdinaryShareClass1 2015-07-31 01933793 d:OrdinaryShareClass1 2014-07-31 01933793 d:OrdinaryShareClass1 2014-08-01 2015-07-31 01933793 d:Director1 2014-08-01 2015-07-31 01933793 d:EntityAccountantsOrAuditors 2015-07-31 01933793 c:OfficeEquipment 2014-08-01 2015-07-31 01933793 d:EntityAccountantsOrAuditors 2014-08-01 2015-07-31 xbrli:shares iso4217:GBP

Registered number: 01933793








PLEAT PROMOTIONS LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015































BAGINSKY COHEN

CHARTERED ACCOUNTANTS
 
PLEAT PROMOTIONS LIMITED
 
 
The following reproduces the text of the Chartered accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PLEAT PROMOTIONS LIMITED
FOR THE YEAR ENDED 31 JULY 2015

In accordance with our engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and loss account, the Balance sheet and the related notes from the accounting records and information and explanantions you have given to us. have prepared for your approval the financial statements of Pleat Promotions Limited for the year ended 31 July 2015 which comprise the Profit and loss account, the Balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
 

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.


This report is made solely to the director of Pleat Promotions Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Pleat Promotions Limited and state those matters that we have agreed to state to the director of Pleat Promotions Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pleat Promotions Limited and its director for our work or for this report.
 
 
It is your duty to ensure that Pleat Promotions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit. You consider that Pleat Promotions Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Pleat Promotions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.





BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT

11 February 2016
Page 1
 
PLEAT PROMOTIONS LIMITED
REGISTERED NUMBER: 01933793

ABBREVIATED BALANCE SHEET
AS AT 31 JULY 2015

2015
2014
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible fixed assets
 
2
440
31,620
 
Fixed asset investment
 
3
80,000

80,000








80,440

111,620
 
CURRENT ASSETS





 
Debtors
41,413
24,365

 
Cash at bank

775,102
737,756







 
816,515
762,121
 
CREDITORS: amounts falling due within one year
(61,210)
(92,502)
 
NET CURRENT ASSETS


755,305

669,619
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 835,745

 781,239
  
CAPITAL AND RESERVES

 
Called up share capital
4
100
100
 
Profit and loss account
835,645
781,139
 
SHAREHOLDERS' FUNDS
 

 835,745

 781,239


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 11 February 2016.





D.J PLEAT
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
PLEAT PROMOTIONS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

1.2
Investments

Investments held as fixed assets are shown at cost less provision for impairment.

1.3
Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.4
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance


2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 August 2014
44,506

Disposals
(36,331)


At 31 July 2015

8,175



Depreciation


At 1 August 2014
12,886

Charge for the year
2,410

On disposals
(7,561)


At 31 July 2015

7,735




Net book value


At 31 July 2015
 440


At 31 July 2014

 31,620

Page 3

 
PLEAT PROMOTIONS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015

3.FIXED ASSET INVESTMENTS



£


Cost



At 1 August 2014 and 31 July 2015

80,000




Net book value


At 31 July 2015
 80,000


At 31 July 2014

 80,000


4.SHARE CAPITAL
        2015
        2014
        £

        £

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100

Page 4