Abbreviated Company Accounts - PLANT FOR PEACE (HOLDING) LTD

Abbreviated Company Accounts - PLANT FOR PEACE (HOLDING) LTD

PLANT FOR PEACE (HOLDING) LTD - Company Information

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Registered Number 07356507

PLANT FOR PEACE (HOLDING) LTD

Abbreviated Accounts

31 August 2016

PLANT FOR PEACE (HOLDING) LTD Registered Number 07356507

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 259,409 291,835
Tangible assets 3 4,340 8,967
Investments - -
263,749 300,802
Current assets
Stocks 78,850 17,500
Debtors 318 51,986
Investments - -
Cash at bank and in hand 8,322 13,882
87,490 83,368
Prepayments and accrued income - -
Creditors: amounts falling due within one year (174,572) (204,506)
Net current assets (liabilities) (87,082) (121,138)
Total assets less current liabilities 176,667 179,664
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) 176,667 179,664
Capital and reserves
Called up share capital 4 9,621 9,595
Share premium account 935,994 884,020
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (768,948) (713,951)
Shareholders' funds 176,667 179,664
  • 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 18 May 2017

And signed on their behalf by:
J Brett, Director

PLANT FOR PEACE (HOLDING) LTD Registered Number 07356507

Notes to the Abbreviated Accounts for the period ended 31 August 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 April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT. The total turnover of the company for the year has been derived from its principal activities.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% on straight line basis
Fixtures and fittings - 10% on straight line basis

Intangible assets amortisation policy
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Product development - 10% on straight line basis

2Intangible fixed assets
£
Cost
At 1 September 2015 324,261
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 324,261
Amortisation
At 1 September 2015 32,426
Charge for the year 32,426
On disposals -
At 31 August 2016 64,852
Net book values
At 31 August 2016 259,409
At 31 August 2015 291,835
3Tangible fixed assets
£
Cost
At 1 September 2015 32,013
Additions 3,955
Disposals -
Revaluations -
Transfers -
At 31 August 2016 35,968
Depreciation
At 1 September 2015 23,046
Charge for the year 8,582
On disposals -
At 31 August 2016 31,628
Net book values
At 31 August 2016 4,340
At 31 August 2015 8,967
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
9,621 Ordinary shares of £1 each (9,595 shares for 2015) 9,621 9,595