Abbreviated Company Accounts - P.S. MCFADDEN LTD

09200845 P.S. MCFADDEN LTD 2015-09-30 false 2014-09-03 2015-09-30 true 09200845 2014-09-03 2015-09-30 09200845 2015-09-30 09200845 uk-gaap-cd-bus:Director1 2014-09-03 2015-09-30 09200845 uk-gaap-cd-bus:Director2 2014-09-03 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-03 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 09200845

P.S. MCFADDEN LTD

Abbreviated Accounts

30 September 2015

P.S. MCFADDEN LTD Registered Number 09200845

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015
		£
Called up share capital not paid		-
Fixed assets
Intangible assets		-
Tangible assets	2	680
		680
Current assets
Stocks		-
Debtors		108
Investments		-
Cash at bank and in hand		15,945
		16,053
Prepayments and accrued income		-
Creditors: amounts falling due within one year		(7,153)
Net current assets (liabilities)		8,900
Total assets less current liabilities		9,580
Creditors: amounts falling due after more than one year		0
Provisions for liabilities		(136)
Accruals and deferred income		0
Total net assets (liabilities)		9,444
Capital and reserves
Called up share capital	3	10
Share premium account		0
Revaluation reserve		0
Other reserves		0
Profit and loss account		9,434
Shareholders' funds		9,444

For the year ending 30 September 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2016

And signed on their behalf by:
P.S. McFadden, Director

P.S. MCFADDEN LTD Registered Number 09200845

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with generally accepted accounting principles (UK GAAP).

Turnover policy
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.

Tangible assets depreciation policy
Fixed assets are shown at historical cost.

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - Reducing balance 20%

2Tangible fixed assets

	£
Cost
Additions	850
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	850
Depreciation
Charge for the year	170
On disposals	-
At 30 September 2015	170
Net book values
At 30 September 2015	680

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
10 Ordinary shares of £1 each	10

10 £1 ordinary shares were allotted, issued and fully paid for cash at par on incorporation.