PENDRYWHITE_LIMITED - Accounts

PENDRYWHITE LIMITED - Company Information

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Company Registration No. 04500656 (England and Wales)

PENDRYWHITE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

PENDRYWHITE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PENDRYWHITE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

5,065

4,412

Current assets

Debtors

4,771

6,380

Cash at bank and in hand

33,032

26,597

37,803

32,977

Creditors: amounts falling due within one year

(7,213)

(7,879)

Net current assets

30,590

25,098

Total assets less current liabilities

35,655

29,510

Creditors: amounts falling due after more than one year

(1,380)

34,275

28,130

Capital and reserves

Called up share capital

100

Profit and loss account

34,175

28,030

Shareholders' funds

34,275

28,130

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 8 April 2016

T A Pendry

J R Pendry

Director

Company Registration No. 04500656

PENDRYWHITE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment

25% per annum reducing balance

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 October 2014

18,158

Additions

2,342

At 30 September 2015

20,500

Depreciation

At 1 October 2014

13,746

Charge for the year

1,689

At 30 September 2015

15,435

Net book value

At 30 September 2015

5,065

At 30 September 2014

4,412

PENDRYWHITE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100