Pollard Services (2001) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04171666 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2016

for

Pollard Services (2001) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr M D Pollard

SECRETARY:

Mrs L Watkins

REGISTERED OFFICE:

2 Venture Court

Edison Road

St. Ives

Cambridgeshire

PE27 3JX

REGISTERED NUMBER:

04171666 (England and Wales)

ACCOUNTANTS:

Sandcroft Management Services Limited

3 Morleys Place

High Street

Sawston

Cambridge

Cambridgeshire

CB22 3TG

FIXED ASSETS

Tangible assets

2

2,012,967

2,081,340

CURRENT ASSETS

Debtors

358,454

385,393

Investments

32,200

-

Cash at bank

19,066

734

409,720

386,127

CREDITORS

Amounts falling due within one year

3

389,017

406,777

NET CURRENT ASSETS/(LIABILITIES)

20,703

(20,650

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,033,670

2,060,690

CREDITORS

Amounts falling due after more than one year

3

(706,244

)

(873,699

)

PROVISIONS FOR LIABILITIES

(146,780

)

(98,072

)

NET ASSETS

1,180,646

1,088,919

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

1,180,645

1,088,918

SHAREHOLDERS' FUNDS

1,180,646

1,088,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 August 2016 and were signed by:

Mr M D Pollard - 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 net invoiced sales of goods, 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.

Plant and machinery

-

5% on reducing balance

Furniture and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,695,872

Additions

111,611

Disposals

(278,397

)

At 31 March 2016

2,529,086

DEPRECIATION

At 1 April 2015

614,532

Charge for year

57,938

Eliminated on disposal

(156,351

)

At 31 March 2016

516,119

NET BOOK VALUE

At 31 March 2016

2,012,967

At 31 March 2015

2,081,340

3.

CREDITORS

Creditors include an amount of £ 442,247 (2015 - £ 476,163 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1