M & J Pyne (Wholesale Division) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09271795 (England and Wales)

M & J Pyne (Wholesale Division) Limited

Abbreviated Unaudited Accounts

for the Period 20 October 2014 to 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M P Pyne

Mrs J A Pyne

SECRETARY:

Mrs J A Pyne

REGISTERED OFFICE:

Rumwell Hall

Rumwell

Taunton

Somerset

TA4 1EL

REGISTERED NUMBER:

09271795 (England and Wales)

ACCOUNTANTS:

BJ Dixon Walsh Ltd

Rumwell Hall

Rumwell

Taunton

Somerset

TA4 1EL

FIXED ASSETS

Tangible assets

2

476,498

CURRENT ASSETS

Debtors

100

Cash at bank

198,159

198,259

CREDITORS

Amounts falling due within one year

474,829

NET CURRENT LIABILITIES

(276,570

)

TOTAL ASSETS LESS CURRENT LIABILITIES

199,928

CREDITORS

Amounts falling due after more than one year

3

207,307

NET LIABILITIES

(7,379

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(7,479

)

SHAREHOLDERS' FUNDS

(7,379

)

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

The members have not required the company to obtain an audit of its financial statements for the period 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 27 July 2016 and were signed on its behalf by:

M P Pyne - Director

Mrs J A Pyne - 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.

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

476,498

At 31 October 2015

476,498

NET BOOK VALUE

At 31 October 2015

476,498

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

£

Repayable by instalments

130,292

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

5.	ULTIMATE PARENT COMPANY

M & J Pyne Holdings Limited is regarded by the directors as being the company's ultimate parent

company.