Peculiar Pictures Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04621054 (England and Wales)

Abbreviated Accounts

for the Year Ended

31 December 2013

for

Peculiar Pictures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Needham

SECRETARY:

Ms L Connery

REGISTERED OFFICE:

28 Church Road

Stanmore

Middlesex

HA7 4XR

REGISTERED NUMBER:

04621054 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

28 Church Road

Stanmore

Middlesex

HA7 4XR

FIXED ASSETS

Tangible assets

2

1,563

1,563

CURRENT ASSETS

Debtors

1,856

2,672

Cash at bank

2

31

1,858

2,703

CREDITORS

Amounts falling due within one year

3

(39,159

)

(34,174

)

NET CURRENT LIABILITIES

(37,301

)

(31,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,738

)

(29,908

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(35,739

)

(29,909

)

SHAREHOLDERS' FUNDS

(35,738

)

(29,908

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 26 September 2014 and were signed by:

J Needham - 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).

Tangible fixed assets

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

Short leasehold

-

2% on cost

Fixtures, fittings & equipment

-

20% on cost

Deferred tax

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

the balance sheet date.

Going concern

The financial statements are prepared on a going concern basis. The validity of the going concern

basis of preparation is dependent on continued support from the company's bankers, and the support

of the Director and other creditor.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

7,378

DEPRECIATION

At 1 January 2013

and 31 December 2013

5,815

NET BOOK VALUE

At 31 December 2013

1,563

At 31 December 2012

1,563

3.

CREDITORS

Creditors include an amount of £ 23,056 (2012 - £ 20,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary share capital

£1

1

1