Parker Heath Spilkin Knight Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08794201 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 December 2014 to 30 April 2016

for

Parker Heath Spilkin Knight Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Powell

B M Short

SECRETARY:

REGISTERED OFFICE:

6 Genesis Business Centre

Redkiln Way

Horsham

West Sussex

RH13 5QH

REGISTERED NUMBER:

08794201 (England and Wales)

ACCOUNTANTS:

phsk

6 Genesis Business Centre

Redkiln Way

Horsham

Sussex

RH13 5QH

FIXED ASSETS

Intangible assets

2

55,000

-

Tangible assets

3

3,722

-

58,722

-

CURRENT ASSETS

Stocks

15,000

-

Debtors

49,703

11,427

Cash at bank

9,338

695

74,041

12,122

CREDITORS

Amounts falling due within one year

65,843

14,345

NET CURRENT ASSETS/(LIABILITIES)

8,198

(2,223

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,920

(2,223

)

CREDITORS

Amounts falling due after more than
one year

65,753

-

NET ASSETS/(LIABILITIES)

1,167

(2,223

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

1,067

(2,323

)

SHAREHOLDERS' FUNDS

1,167

(2,223

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 May 2016 and were
signed on its behalf by:

G Powell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

82,500

At 30 April 2016

82,500

AMORTISATION

Amortisation for period

27,500

At 30 April 2016

27,500

NET BOOK VALUE

At 30 April 2016

55,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

4,557

At 30 April 2016

4,557

DEPRECIATION

Charge for period

835

At 30 April 2016

835

NET BOOK VALUE

At 30 April 2016

3,722

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.11.14

value:

£

98

Ordinary A

1

98

2

Ordinary B

1

2

100