Peak Sales & Marketing Limited - Abbreviated accounts

Registered number

05343947

Peak Sales & Marketing Limited

Abbreviated Accounts

29 February 2016

Peak Sales & Marketing Limited

Report to the director on the preparation of the unaudited abbreviated accounts of Peak Sales & Marketing Limited for the year ended 29 February 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Peak Sales & Marketing Limited for the year ended 29 February 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Godfrey Holland
Accountants
Venture House
341 Palatine Road
Northenden
Manchester
M22 4FY

25 November 2016

Peak Sales & Marketing Limited
Registered number:		05343947
Abbreviated Balance Sheet
as at 29 February 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		11,248			13,000

Current assets
Debtors		161,276			79,959
Cash at bank and in hand		1,465			24,043
		162,741			104,002

Creditors: amounts falling due within one year		(57,849)			(53,956)

Net current assets			104,892			50,046

Net assets			116,140			63,046

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			116,139			63,045

Shareholder's funds			116,140			63,046

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



A M Kenny
Director
Approved by the board on 25 November 2016

Peak Sales & Marketing Limited
Notes to the Abbreviated Accounts
for the year ended 29 February 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line
	Motor vehicles			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 March 2015					34,385
	Additions					5,932
	At 29 February 2016					40,317

	Depreciation
	At 1 March 2015					21,385
	Charge for the year					7,684
	At 29 February 2016					29,069

	Net book value
	At 29 February 2016					11,248
	At 28 February 2015					13,000


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1