Company Registration No. 08372797 (England and Wales)
PAILEBOTE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2015
PAILEBOTE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PAILEBOTE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 DECEMBER 2015
30 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Current assets
Stocks
4,727
4,727
Cash at bank and in hand
384
643
5,111
5,370
Creditors: amounts falling due within one year
(19,171)
(18,375)
Total assets less current liabilities
(14,060)
(13,005)
Capital and reserves
Called up share capital
2
10
10
Profit and loss account
(14,070)
(13,015)
Shareholders' funds
(14,060)
(13,005)
For the financial Period ended 30 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 28 December 2016
P A C Purdon
Director
Company Registration No. 08372797
PAILEBOTE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The directors have indicated their continued support and are expecting the company to return to profit in the foreseeable future. On that basis the accounts have been prepared on the going concern basis.
On that basis the accounts have been prepared on the going concern basis.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods ..
1.4
Stock
Stock is valued at the lower of cost and net realisable value.
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Share capital
2015
2014
£
£
Allotted, called up and fully paid
10 Ordinary shares of £1 each
10
10
2015-12-302015-01-01falsetruetruetruetruetruetmp7787.html2016-12-28083727972015-01-012015-12-30083727972015-12-30083727972014-12-31083727972014-12-3108372797uk-bus:Director12015-01-012015-12-3008372797uk-bus:OrdinaryShareClass12015-01-012015-12-3008372797uk-bus:OrdinaryShareClass12015-12-3008372797uk-bus:OrdinaryShareClass12014-12-31xbrli:purexbrli:sharesiso4217:GBP
