Perfectan Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08467943 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 2ND APRIL 2013 TO 31ST MARCH 2014

FOR

PERFECTAN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M Cornish

REGISTERED OFFICE:

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

REGISTERED NUMBER:

08467943 (England and Wales)

ACCOUNTANTS:

NJR Accountancy Services Limited

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

BANKERS:

HSBC Bank plc

PO Box 4

6 Broad Street

Worcester

WR1 2EJ

FIXED ASSETS

Tangible assets

2

5,735

CURRENT ASSETS

Stocks

969

Debtors

550

Cash at bank

1,337

2,856

CREDITORS

Amounts falling due within one year

7,361

NET CURRENT LIABILITIES

(4,505

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,230

PROVISIONS FOR LIABILITIES

1,147

NET ASSETS

83

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

82

SHAREHOLDERS' FUNDS

83

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29th August 2014 and were signed by:

Mr M Cornish - Director

1.	ACCOUNTING POLICIES

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Additions

6,371

At 31st March 2014

6,371

DEPRECIATION

Charge for period

636

At 31st March 2014

636

NET BOOK VALUE

At 31st March 2014

5,735

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.