Pick and Pack Express Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06617386

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Pick and Pack Express Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C Furber

SECRETARY:

REGISTERED OFFICE:

Temple Chambers

16A Belvoir Road

Coalville

Leics

LE67 3QE

REGISTERED NUMBER:

06617386

ACCOUNTANTS:

Elverstone Large Ltd

Chartered Certified Accountants

Temple Chambers

16A Belvoir Road

Coalville

Leics

LE67 3QE

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

18,791

17,464

18,791

17,464

CURRENT ASSETS

Debtors

150,817

113,059

Cash at bank

58,259

81,284

209,076

194,343

CREDITORS

Amounts falling due within one year

71,879

85,159

NET CURRENT ASSETS

137,197

109,184

TOTAL ASSETS LESS CURRENT LIABILITIES

155,988

126,648

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

155,888

126,548

SHAREHOLDERS' FUNDS

155,988

126,648

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

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

The director acknowledges his 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 director on 4 March 2017 and were signed by:

C Furber - 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 January

2015).

Turnover

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

Goodwill

Goodwill is being amortised over 5 years at 20% per year.

Tangible fixed assets

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

Plant & machinery 15% reducing balance.

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

At 1 July 2015

and 30 June 2016

10,000

AMORTISATION

At 1 July 2015

and 30 June 2016

10,000

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

48,754

Additions

3,466

At 30 June 2016

52,220

DEPRECIATION

At 1 July 2015

31,290

Charge for year

2,139

At 30 June 2016

33,429

NET BOOK VALUE

At 30 June 2016

18,791

At 30 June 2015

17,464

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

1

100

100