Pisces Conservation Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03105301 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

PISCES CONSERVATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr R M H Seaby BSc PhD

Dr P A Henderson BSc BA PhD FLS

SECRETARY:

Ms V S K J Hopkins

REGISTERED OFFICE:

36a Station Road

New Milton

Hampshire

BH25 6JX

REGISTERED NUMBER:

03105301 (England and Wales)

ACCOUNTANTS:

David Shores & Co Ltd

36a Station Road

New Milton

Hampshire

BH25 6JX

BANKERS:

Lloyds Bank plc

Castle Street

Christchurch

Dorset

BH23 1DU

FIXED ASSETS

Tangible assets

2

9,802

10,726

CURRENT ASSETS

Debtors

60,150

22,517

Cash at bank and in hand

130,625

144,112

190,775

166,629

CREDITORS

Amounts falling due within one year

32,223

26,636

NET CURRENT ASSETS

158,552

139,993

TOTAL ASSETS LESS CURRENT
LIABILITIES

168,354

150,719

PROVISIONS FOR LIABILITIES

1,887

2,056

NET ASSETS

166,467

148,663

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

166,463

148,659

SHAREHOLDERS' FUNDS

166,467

148,663

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 20 May 2016 and were signed on its
behalf by:

Dr R M H Seaby BSc PhD - 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 January 2015).

Turnover

Turnover represents the net invoiced sales of books, software and consultancy services during the year,

excluding value added tax.

Tangible fixed assets

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

Fittings & equipment

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

reversed at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the

operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

32,765

Additions

2,091

At 31 October 2015

34,856

DEPRECIATION

At 1 November 2014

22,039

Charge for year

3,015

At 31 October 2015

25,054

NET BOOK VALUE

At 31 October 2015

9,802

At 31 October 2014

10,726

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

4

Ordinary

£1

4

4.	ULTIMATE PARENT COMPANY

In the opinion of the directors, the company is controlled by Dr R M H Seaby and Dr P A Henderson.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, dividends amounting to £46,000 (2014 - £110,000) were paid to the directors and their

spouses.

At the balance sheet date, £2,892 (2014 - £2,477) was owing to the directors. No interest is payable on

this balance.