Abbreviated Company Accounts - PELICAN LIMITED

04599904 PELICAN LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 04599904 2015-11-01 2016-10-31 04599904 2016-10-31 04599904 2015-10-31 04599904 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 04599904 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2016-10-31 uk-gaap-cd-bus:Director3 2015-10-31 iso4217:GBP shares

Registered Number 04599904

PELICAN LIMITED

Abbreviated Accounts

31 October 2016

PELICAN LIMITED Registered Number 04599904

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	98	130
Investments		-	-
		98	130
Current assets
Stocks		-	-
Debtors		28,745	29,362
Investments		-	-
Cash at bank and in hand		42,546	35,764
		71,291	65,126
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(11,378)	(9,540)
Net current assets (liabilities)		59,913	55,586
Total assets less current liabilities		60,011	55,716
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		60,011	55,716
Capital and reserves
Called up share capital		100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		59,911	55,616
Shareholders' funds		60,011	55,716

For the year ending 31 October 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 7 April 2017

And signed on their behalf by:
H Chapman, Director

PELICAN LIMITED Registered Number 04599904

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax.

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

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Other accounting policies
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 November 2015	6,707
Additions	0
Disposals	(4,076)
Revaluations	0
Transfers	0
At 31 October 2016	2,631
Depreciation
At 1 November 2015	6,577
Charge for the year	32
On disposals	(4,076)
At 31 October 2016	2,533
Net book values
At 31 October 2016	98
At 31 October 2015	130

3Transactions with directors

Name of director receiving advance or credit:	Director 1
Description of the transaction:	Director's advances, credits and guarantees
Balance at 1 November 2015:	£ 20,842
Advances or credits made:	£ 24,669
Advances or credits repaid:	£ 28,722
Balance at 31 October 2016:	£ 16,789