Abbreviated Company Accounts - PHILIP COLLINS LIMITED

Abbreviated Company Accounts - PHILIP COLLINS LIMITED

PHILIP COLLINS LIMITED - Company Information

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Registered Number 01102756

PHILIP COLLINS LIMITED

Abbreviated Accounts

31 December 2013

PHILIP COLLINS LIMITED Registered Number 01102756

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 11,563 2,403
11,563 2,403
Current assets
Debtors 1,096,818 25,210
Cash at bank and in hand 1,705,253 3,112,493
2,802,071 3,137,703
Prepayments and accrued income 52,030 15,046
Creditors: amounts falling due within one year (426,001) (727,665)
Net current assets (liabilities) 2,428,100 2,425,084
Total assets less current liabilities 2,439,663 2,427,487
Accruals and deferred income (60,597) (68,303)
Total net assets (liabilities) 2,379,066 2,359,184
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,378,966 2,359,084
Shareholders' funds 2,379,066 2,359,184
  • For the year ending 31 December 2013 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 11 July 2014

And signed on their behalf by:
P D C Collins, Director

PHILIP COLLINS LIMITED Registered Number 01102756

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 January 2013 320,706
Additions 13,493
Disposals -
Revaluations -
Transfers -
At 31 December 2013 334,199
Depreciation
At 1 January 2013 318,303
Charge for the year 4,333
On disposals -
At 31 December 2013 322,636
Net book values
At 31 December 2013 11,563
At 31 December 2012 2,403