Abbreviated Company Accounts - PETSCREEN LIMITED

05052948 PETSCREEN LIMITED 2013-12-31 false 2012-08-01 2013-12-31 true 05052948 2012-08-01 2013-12-31 05052948 2013-12-31 05052948 2012-07-31 05052948 uk-gaap-cd-bus:Director1 2012-08-01 2013-12-31 05052948 uk-gaap-cd-bus:Director2 2012-08-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-31 iso4217:GBP shares

Registered Number 05052948

PETSCREEN LIMITED

Abbreviated Accounts

31 December 2013

PETSCREEN LIMITED Registered Number 05052948

Abbreviated Balance Sheet as at 31 December 2013

	Notes	31/12/2013	31/07/2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	1,117,800	1,117,800
Tangible assets	3	49,265	82,596
		1,167,065	1,200,396
Current assets
Stocks		-	7,500
Debtors		14,451	14,941
Cash at bank and in hand		51	-
		14,502	22,441
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year	4	(810,087)	(279,444)
Net current assets (liabilities)		(795,585)	(257,003)
Total assets less current liabilities		371,480	943,393
Creditors: amounts falling due after more than one year	4	(503,000)	(1,004,300)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(131,520)	(60,907)
Capital and reserves
Called up share capital	5	6,250	6,250
Profit and loss account		(137,770)	(67,157)
Shareholders' funds		(131,520)	(60,907)

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 30 September 2014

And signed on their behalf by:
Kevin Slater, Director

PETSCREEN LIMITED Registered Number 05052948

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.

Turnover policy
Turnover represents the total invoiced value of sales made during the year excluding VAT

Tangible assets depreciation policy
Plant - 10% straight line
Fixtures - 25% straight line

Intangible assets amortisation policy
The intangible assets will be written off after an impairment review identifies the relevant amounts.

2Intangible fixed assets

	£
Cost
At 1 August 2012	1,117,800
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	1,117,800
Amortisation
At 1 August 2012	0
Charge for the year	-
On disposals	-
At 31 December 2013	0
Net book values
At 31 December 2013	1,117,800
At 31 July 2012	1,117,800

3Tangible fixed assets

	£
Cost
At 1 August 2012	224,607
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	224,607
Depreciation
At 1 August 2012	142,011
Charge for the year	33,331
On disposals	-
At 31 December 2013	175,342
Net book values
At 31 December 2013	49,265
At 31 July 2012	82,596

4Creditors

	31/12/2013 £	31/07/2012 £
Secured Debts	810,087	279,444
Instalment debts due after 5 years	0	0
Non-instalment debts due after 5 years	0	0

5Called Up Share Capital
Allotted, called up and fully paid:

	31/12/2013 £	31/07/2012 £
6,250 Ordinary shares of £1 each	6,250	6,250