Pestforce (UK) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06528213 (England and Wales)

PESTFORCE (UK) LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

S M C Taylor

P A Smith

REGISTERED OFFICE:

1st Floor Videcom House

Newton Road

Henley on Thames

Oxfordshire

RG9 1HG

REGISTERED NUMBER:

06528213 (England and Wales)

FIXED ASSETS

Intangible assets

2

297,500

353,000

Tangible assets

3

6,770

12,659

304,270

365,659

CURRENT ASSETS

Stocks

-

1,352

Debtors

178,773

276,703

Cash at bank

35,727

7,415

214,500

285,470

CREDITORS

Amounts falling due within one year

307,679

409,179

NET CURRENT LIABILITIES

(93,179

)

(123,709

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

211,091

241,950

PROVISIONS FOR LIABILITIES

2,532

NET ASSETS

208,559

239,418

CAPITAL AND RESERVES

Called up share capital

4

2,002

Profit and loss account

206,557

237,416

SHAREHOLDERS' FUNDS

208,559

239,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 1 June 2016 and were signed on its behalf by:

S M C Taylor - 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. Included in this figure is an amount

for the sale of franchises, part of which has been deferred, and will be released over 5 years.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

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

-

20% on reducing balance

Computer equipment

-

20% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

484,000

AMORTISATION

At 1 April 2014

131,000

Amortisation for year

55,500

At 31 March 2015

186,500

NET BOOK VALUE

At 31 March 2015

297,500

At 31 March 2014

353,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

20,774

Disposals

(16

)

At 31 March 2015

20,758

DEPRECIATION

At 1 April 2014

8,115

Charge for year

5,873

At 31 March 2015

13,988

NET BOOK VALUE

At 31 March 2015

6,770

At 31 March 2014

12,659

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

200,000

E shares

£1

2,000