Abbreviated Company Accounts - PONDER RIGHTS LTD

Registered Number 05806643

PONDER RIGHTS LTD

Abbreviated Accounts

31 May 2016

PONDER RIGHTS LTD Registered Number 05806643

Abbreviated Balance Sheet as at 31 May 2016

	2016	2015
	£	£
Current assets
Debtors	412,500	1,706,131
Cash at bank and in hand	4,066,211	2,219,368
	4,478,711	3,925,499
Creditors: amounts falling due within one year	(689,931)	(458,016)
Net current assets (liabilities)	3,788,780	3,467,483
Total assets less current liabilities	3,788,780	3,467,483
Total net assets (liabilities)	3,788,780	3,467,483
Capital and reserves
Called up share capital	100	100
Revaluation reserve	120,947	186,180
Profit and loss account	3,667,733	3,281,203
Shareholders' funds	3,788,780	3,467,483

For the year ending 31 May 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 27 February 2017

And signed on their behalf by:
Bryan Neil GRAINGER, Director

PONDER RIGHTS LTD Registered Number 05806643

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.