Abbreviated Company Accounts - P AND C RETAIL UK LIMITED

P AND C RETAIL UK LIMITED - Company Information

06869627 P AND C RETAIL UK LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06869627 2015-04-01 2016-03-31 06869627 2016-03-31 06869627 2015-03-31 06869627 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06869627 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06869627

P AND C RETAIL UK LIMITED

Abbreviated Accounts

31 March 2016

P AND C RETAIL UK LIMITED Registered Number 06869627

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12,800	16,000
		12,800	16,000
Current assets
Stocks		248,471	201,592
Debtors		19,378	14,326
Cash at bank and in hand		93,641	49,060
		361,490	264,978
Creditors: amounts falling due within one year		(209,181)	(144,752)
Net current assets (liabilities)		152,309	120,226
Total assets less current liabilities		165,109	136,226
Provisions for liabilities		(2,560)	(2,560)
Total net assets (liabilities)		162,549	133,666
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		59,100	59,100
Profit and loss account		102,449	73,566
Shareholders' funds		162,549	133,666

For the year ending 31 March 2016 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 12 December 2016

And signed on their behalf by:
P R Clapham, Director

P AND C RETAIL UK LIMITED Registered Number 06869627

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 20%

Other accounting policies
Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2Tangible fixed assets

	£
Cost
At 1 April 2015	28,029
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	28,029
Depreciation
At 1 April 2015	12,029
Charge for the year	3,200
On disposals	-
At 31 March 2016	15,229
Net book values
At 31 March 2016	12,800
At 31 March 2015	16,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000