| PEARSON & DAUGHTERS LIMITED |
| Registered number: |
04712246 |
| Abbreviated Balance Sheet |
| as at 31 May 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
13,674 |
|
|
14,874 |
| Tangible assets |
3 |
|
|
95 |
|
|
115 |
|
|
|
|
13,769 |
|
|
14,989 |
|
| Current assets |
| Stocks |
|
|
750 |
|
|
750 |
| Debtors |
|
|
4,774 |
|
|
4,163 |
| Cash at bank and in hand |
|
|
1,536 |
|
|
4,350 |
|
|
|
7,060 |
|
|
9,263 |
|
| Creditors: amounts falling due within one year |
|
|
(4,857) |
|
|
(14,216) |
|
| Net current assets/(liabilities) |
|
|
|
2,203 |
|
|
(4,953) |
|
| Net assets |
|
|
|
15,972 |
|
|
10,036 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
15,872 |
|
|
9,936 |
|
| Shareholders' funds |
|
|
|
15,972 |
|
|
10,036 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| Mrs .N.Treasure |
| Director |
| Approved by the board on 22 January 2016 |
|
| PEARSON & DAUGHTERS LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 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 April 2008). |
|
|
Turnover |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2014 |
29,500 |
|
At 31 May 2015 |
29,500 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2014 |
14,626 |
|
Provided during the year |
1,200 |
|
At 31 May 2015 |
15,826 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2015 |
13,674 |
|
At 31 May 2014 |
14,874 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2014 |
4,786 |
|
At 31 May 2015 |
4,786 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2014 |
4,671 |
|
Charge for the year |
20 |
|
At 31 May 2015 |
4,691 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2015 |
95 |
|
At 31 May 2014 |
115 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
