Abbreviated Company Accounts - PEACHSIDE LIMITED

00741895 PEACHSIDE LIMITED 2016-03-31 false 2015-04-02 2016-03-31 true 00741895 2015-04-02 2016-03-31 00741895 2016-03-31 00741895 2015-04-01 00741895 uk-gaap-cd-bus:Director1 2015-04-02 2016-03-31 00741895 uk-gaap-cd-bus:Director2 2015-04-02 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-02 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 iso4217:GBP shares

Registered Number 00741895

PEACHSIDE LIMITED

Abbreviated Accounts

31 March 2016

PEACHSIDE LIMITED Registered Number 00741895

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	200,224	200,280
Investments	3	400	400
		200,624	200,680
Current assets
Debtors		123,868	83,980
Cash at bank and in hand		317,057	301,731
		440,925	385,711
Creditors: amounts falling due within one year		(117,358)	(99,084)
Net current assets (liabilities)		323,567	286,627
Total assets less current liabilities		524,191	487,307
Total net assets (liabilities)		524,191	487,307
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		178,492	178,492
Profit and loss account		345,599	308,715
Shareholders' funds		524,191	487,307

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 21 December 2016

And signed on their behalf by:
NIZZA FLUSS, Director

PEACHSIDE LIMITED Registered Number 00741895

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.

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% Reducing balance

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 2 April 2015	202,080
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	202,080
Depreciation
At 2 April 2015	1,800
Charge for the year	56
On disposals	-
At 31 March 2016	1,856
Net book values
At 31 March 2016	200,224
At 1 April 2015	200,280

All fixed assets are initially recorded at cost.

3Fixed assets Investments
The investment is shares in a UK company.

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100