| The Pea Green Boat Ltd |
| Registered number: |
02863094 |
| Abbreviated Balance Sheet |
| as at 31 October 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,386 |
|
|
1,732 |
|
| Current assets |
| Debtors |
|
|
1,850 |
|
|
3,437 |
| Cash at bank and in hand |
|
|
4,067 |
|
|
9,843 |
|
|
|
5,917 |
|
|
13,280 |
|
| Creditors: amounts falling due within one year |
|
|
(7,286) |
|
|
(10,346) |
|
| Net current (liabilities)/assets |
|
|
|
(1,369) |
|
|
2,934 |
|
| Net assets |
|
|
|
17 |
|
|
4,666 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
13 |
|
|
4,662 |
|
| Shareholder's funds |
|
|
|
17 |
|
|
4,666 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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. |
|
|
|
| M D Leuty |
| Director |
| Approved by the board on 10 April 2017 |
|
| The Pea Green Boat Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 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 January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of services 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 |
|
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
10,780 |
|
At 31 October 2016 |
10,780 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2015 |
9,048 |
|
Charge for the year |
346 |
|
At 31 October 2016 |
9,394 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
1,386 |
|
At 31 October 2015 |
1,732 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
M D Leuty |
3,437 |
|
15,820 |
|
17,455 |
|
1,802 |
|
|
|
3,437 |
|
15,820 |
|
17,455 |
|
1,802 |
|
|
|
|
|
|
|
|
|
