Abbreviated Company Accounts - PALL LIMITED

05197217 PALL LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05197217 2015-09-01 2016-08-31 05197217 2016-08-31 05197217 2015-08-31 05197217 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05197217 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05197217

PALL LIMITED

Abbreviated Accounts

31 August 2016

PALL LIMITED Registered Number 05197217

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		71,153	71,153
Debtors		115	111
Cash at bank and in hand		10,838	9,732
		82,106	80,996
Creditors: amounts falling due within one year		(76,172)	(75,730)
Net current assets (liabilities)		5,934	5,266
Total assets less current liabilities		5,934	5,266
Total net assets (liabilities)		5,934	5,266
Capital and reserves
Called up share capital	2	4	4
Profit and loss account		5,930	5,262
Shareholders' funds		5,934	5,266

For the year ending 31 August 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 14 February 2017

And signed on their behalf by:
J R Fillingham, Director

PALL LIMITED Registered Number 05197217

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

1Accounting Policies

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

Other accounting policies
Cash flow statement

The company qualifies as a small company under the Companies Act 2006. The director has elected to take advantage of the exemption under the FRSSE not to prepare a cash flow statement.

Stocks

Stock is valued at the lower of cost and net realisable value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the balance sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the company has entered into a binding agreement to sell the assets and recognised the gains and losses expected to arise on sale.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4