Peters Pound Shop Plus Ltd - Period Ending 2016-08-31

Registration number: 07739932

Peters Pound Shop Plus Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2016
 

Booklynn Bookkeeping Ltd
1 Craftsman Square
Temple Farm Ind Estate
Southend on Sea
Essex
SS2 5RH

Peters Pound Shop Plus Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Peters Pound Shop Plus Ltd
(Registration number: 07739932)
Abbreviated Balance Sheet at 31 August 2016

		Note			2016 £			2015 £
Current assets
Cash at bank and in hand					4,024			3,897
Creditors: Amounts falling due within one year					(3,628)			(3,472)
Total assets less current liabilities					396			425
Creditors: Amounts falling due after more than one year					(328)			(206)
Net assets					68			219
Capital and reserves
Called up share capital		2			1			1
Profit and loss account					67			218
Shareholders' funds					68			219

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 director acknowledges his 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 director on 15 December 2016

.........................................
P J Geggus
Director

The notes on page 2 form an integral part of these financial statements.
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Peters Pound Shop Plus Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

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