Pennine-Pack Limited - Limited company - abbreviated

REGISTERED NUMBER: 06929701 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2014

for

Pennine-Pack Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

J S Mooney

Mrs E J Mooney

REGISTERED OFFICE:

Unit 16, Hebden Bridge Town Hall

St George's Street

Hebden Bridge

West Yorkshire

HX7 7BY

REGISTERED NUMBER:

06929701 (England and Wales)

ACCOUNTANTS:

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

FIXED ASSETS

Tangible assets

2

2,280

2,888

CURRENT ASSETS

Debtors

6,043

9,395

Cash at bank

121,606

38,949

127,649

48,344

CREDITORS

Amounts falling due within one year

69,617

50,165

NET CURRENT ASSETS/(LIABILITIES)

58,032

(1,821

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,312

1,067

PROVISIONS FOR LIABILITIES

456

578

NET ASSETS

59,856

489

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

59,756

389

SHAREHOLDERS' FUNDS

59,856

489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 9 October 2014 and were signed on its behalf by:

J S Mooney - 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 the amounts received or receivable for goods and services provided to customers,

excluding VAT.

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

-

15% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

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

balance sheet date, where transactions or events that result in an obligation to pay more tax in the future, or a

right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences

between the Company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing

differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted

by the balance sheet date. Deferred tax is measured on a non-discounted basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

4,838

Additions

998

At 30 June 2014

5,836

DEPRECIATION

At 1 July 2013

1,950

Charge for year

1,606

At 30 June 2014

3,556

NET BOOK VALUE

At 30 June 2014

2,280

At 30 June 2013

2,888

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

100

Ordinary

£1

100

4.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by its director and majority shareholder, J S Mooney.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Pennine-Pack Limited for the year ended 30 June 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Pennine-Pack Limited, as a body, in accordance with our terms

of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Pennine-Pack Limited and state those matters that we have agreed to state to the Board of Directors of Pennine-Pack

Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest

extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of

Directors, as a body, for our work or for this report.

It is your duty to ensure that Pennine-Pack Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pennine-Pack

Limited. You consider that Pennine-Pack Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pennine-Pack Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

9 October 2014

Pennine-Pack Limited - Limited company - abbreviated - 11.6

Pennine-Pack Limited - Limited company - abbreviated - 11.6