| PEARSON AND DAUGHTERS LIMITED |
| Registered number: |
04712246 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
12,474 |
|
|
13,674 |
| Tangible assets |
3 |
|
|
2,421 |
|
|
95 |
|
|
|
|
14,895 |
|
|
13,769 |
|
| Current assets |
| Stocks |
|
|
2,250 |
|
|
750 |
| Debtors |
|
|
4,590 |
|
|
4,774 |
| Cash at bank and in hand |
|
|
2,199 |
|
|
898 |
|
|
|
9,039 |
|
|
6,422 |
|
| Creditors: amounts falling due within one year |
|
|
(2,764) |
|
|
(4,729) |
|
| Net current assets |
|
|
|
6,275 |
|
|
1,693 |
|
| Net assets |
|
|
|
21,170 |
|
|
15,462 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
21,070 |
|
|
15,362 |
|
| Shareholders' funds |
|
|
|
21,170 |
|
|
15,462 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs .N.Treasure |
| Director |
| Approved by the board on 19 January 2017 |
|
| PEARSON AND DAUGHTERS LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
29,500 |
|
At 31 May 2016 |
29,500 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2015 |
15,826 |
|
Provided during the year |
1,200 |
|
At 31 May 2016 |
17,026 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
12,474 |
|
At 31 May 2015 |
13,674 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
4,786 |
|
Additions |
2,901 |
|
At 31 May 2016 |
7,687 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
4,691 |
|
Charge for the year |
575 |
|
At 31 May 2016 |
5,266 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
2,421 |
|
At 31 May 2015 |
95 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
