Silver Pebble Limited - Abbreviated accounts

Registered number

05676912

Silver Pebble Limited

Abbreviated Accounts

31 January 2016

Silver Pebble Limited
Registered number:		05676912
Abbreviated Balance Sheet
as at 31 January 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		1,834			1,815

Current assets
Stocks		-			8,681
Debtors		6,297			21,265
Cash at bank and in hand		25,788			24,370
		32,085			54,316

Creditors: amounts falling due within one year		(26,468)			(42,017)

Net current assets			5,617			12,299

Net assets			7,451			14,114

Capital and reserves
Called up share capital	3		1,000			1,000
Profit and loss account			6,451			13,114

Shareholders' funds			7,451			14,114

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.
The 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.



Mr J W Webster
Director
Approved by the board on 10 March 2016

Silver Pebble Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2016

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 January 2015).

	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			25% reducing balance

	Stocks
	Any Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	No provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Leasing and hire purchase commitments
	Any assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of any rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Any Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets					£

	Cost
	At 1 February 2015					5,144
	Additions					715
	Disposals					(307)
	At 31 January 2016					5,552

	Depreciation
	At 1 February 2015					3,329
	Charge for the year					611
	On disposals					(222)
	At 31 January 2016					3,718

	Net book value
	At 31 January 2016					1,834
	At 31 January 2015					1,815


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		36,526		1,000		1,000