Abbreviated Company Accounts - PONY LIMITED

04064682 PONY LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04064682 2015-01-01 2015-12-31 04064682 2015-12-31 04064682 2014-12-31 04064682 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04064682 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04064682

PONY LIMITED

Abbreviated Accounts

31 December 2015

PONY LIMITED Registered Number 04064682

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,501	6,415
		5,501	6,415
Current assets
Stocks		30,565	30,000
Debtors	3	37,313	62,095
Cash at bank and in hand		59,111	24,587
		126,989	116,682
Creditors: amounts falling due within one year		(60,744)	(57,883)
Net current assets (liabilities)		66,245	58,799
Total assets less current liabilities		71,746	65,214
Total net assets (liabilities)		71,746	65,214
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		71,744	65,212
Shareholders' funds		71,746	65,214

For the year ending 31 December 2015 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 8 December 2016

And signed on their behalf by:
Niall Sweeney, Director
Nigel Truswell, Director

PONY LIMITED Registered Number 04064682

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 revenue recognised by the company in respect of good and services supplied during the period, excluding value added tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated using the straight line method to write off the cost of tangible assets over their expected useful lives as follows:

Equipment - 20% Straight Line

Reviews are performed regularly to determine whether facts or circumstances exist that indicate that the value of the tangible assets are impaired.

2Tangible fixed assets

	£
Cost
At 1 January 2015	14,512
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	14,512
Depreciation
At 1 January 2015	8,097
Charge for the year	914
On disposals	-
At 31 December 2015	9,011
Net book values
At 31 December 2015	5,501
At 31 December 2014	6,415

3Debtors

All amounts are receivable within one year.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2