Abbreviated Company Accounts - P.A.B. ESTATES LTD

P.A.B. ESTATES LTD - Company Information

Registered Number 05168850

P.A.B. ESTATES LTD

Abbreviated Accounts

30 June 2015

P.A.B. ESTATES LTD Registered Number 05168850

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	104,500	114,000
Tangible assets	3	413	550
		104,913	114,550
Current assets
Debtors		119,678	116,435
Cash at bank and in hand		113,168	111,001
		232,846	227,436
Creditors: amounts falling due within one year		(40,680)	(55,538)
Net current assets (liabilities)		192,166	171,898
Total assets less current liabilities		297,079	286,448
Total net assets (liabilities)		297,079	286,448
Capital and reserves
Called up share capital		1	1
Profit and loss account		297,078	286,447
Shareholders' funds		297,079	286,448

For the year ending 30 June 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 1 February 2016

And signed on their behalf by:
Paul Adam Bottomley, Director

P.A.B. ESTATES LTD Registered Number 05168850

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Plant and machinery 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 July 2014	190,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	190,000
Amortisation
At 1 July 2014	76,000
Charge for the year	9,500
On disposals	-
At 30 June 2015	85,500
Net book values
At 30 June 2015	104,500
At 30 June 2014	114,000

3Tangible fixed assets

	£
Cost
At 1 July 2014	5,496
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	5,496
Depreciation
At 1 July 2014	4,946
Charge for the year	137
On disposals	-
At 30 June 2015	5,083
Net book values
At 30 June 2015	413
At 30 June 2014	550