Pepper Draughting Structural Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07358947 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st August 2015

for

PEPPER DRAUGHTING STRUCTURAL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Accountants' Report

6

DIRECTORS:

R A Pepper

G A Pepper

REGISTERED OFFICE:

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

REGISTERED NUMBER:

07358947 (England and Wales)

ACCOUNTANTS:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

FIXED ASSETS

Tangible assets

2

8,524

7,303

CURRENT ASSETS

Debtors

78,577

47,861

Cash in hand

200

78,777

48,061

CREDITORS

Amounts falling due within one year

81,102

52,796

NET CURRENT LIABILITIES

(2,325

)

(4,735

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,199

2,568

CREDITORS

Amounts falling due after more than one year

(3,388

)

-

PROVISIONS FOR LIABILITIES

(1,616

)

(1,287

)

NET ASSETS

1,195

1,281

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,095

1,181

SHAREHOLDERS' FUNDS

1,195

1,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18th May 2016 and were signed on its behalf by:

R A Pepper - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the going concern basis of accounting.

Accounting convention

The financial statements 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 of work carried out during the year including amounts not yet invoiced, excluding

value added tax. Income is being recognised according to the stage of completion of work done.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Deferred tax

Deferred tax is provided on the liability method to take account of timing differences between the treatment of

certain items for accounts purposes and their treatment for tax purposes. Tax deferred is accounted for in respect

of all material timing differences. The company has not adopted a policy of discounting deferred tax assets and

liabilities.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2014

16,503

Additions

5,152

At 31st August 2015

21,655

DEPRECIATION

At 1st September 2014

9,200

Charge for year

3,931

At 31st August 2015

13,131

NET BOOK VALUE

At 31st August 2015

8,524

At 31st August 2014

7,303

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/15

31/8/14

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st August 2015 and

31st August 2014:

31/8/15

31/8/14

£

R A Pepper

Balance outstanding at start of year

7,088

4,208

Amounts advanced

6,000

7,088

Amounts repaid

(7,088

)

(4,208

)

Balance outstanding at end of year

6,000

7,088

G A Pepper

Balance outstanding at start of year

7,373

8,725

Amounts advanced

8,604

7,373

Amounts repaid

(7,373

)

(8,725

)

Balance outstanding at end of year

8,604

7,373

These loans are repayable upon demand and interest has been charged at 3.25% until 5th April 2015 and then

3.00% thereafter.

5.	ULTIMATE CONTROLLING PARTY

During the period the company was under the control of the director G A Pepper, by virtue of his majority

shareholding.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Pepper Draughting Structural Ltd for the year ended 31st August 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 us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Pepper Draughting Structural Ltd, as a body, in accordance with the terms of our engagement letter dated 26th February 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Pepper Draughting Structural Ltd and state those matters that we have agreed to state to the Board of Directors of Pepper Draughting Structural Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pepper Draughting Structural Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pepper Draughting Structural Ltd. You consider that Pepper Draughting Structural Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pepper Draughting Structural Ltd. 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.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

18th May 2016