Pocklington Accountancy Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04966253 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th November 2016

for

Pocklington Accountancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Moor

Mrs T L Moor

SECRETARY:

Mrs T L Moor

REGISTERED OFFICE:

First Floor

14 Market Place

Pocklington

York

East Yorkshire

YO42 2AR

REGISTERED NUMBER:

04966253 (England and Wales)

ACCOUNTANTS:

Pocklington Accountancy Ltd

First Floor

14 Market Place

Pocklington

York

East Yorkshire

YO42 2AR

FIXED ASSETS

Intangible assets

2

12,000

14,000

Tangible assets

3

16,882

7,122

28,882

21,122

CURRENT ASSETS

Stocks

5,135

80

Debtors

4

27,021

35,399

Cash at bank and in hand

36,713

42,134

68,869

77,613

CREDITORS

Amounts falling due within one year

5

66,016

70,863

NET CURRENT ASSETS

2,853

6,750

TOTAL ASSETS LESS CURRENT LIABILITIES

31,735

27,872

CAPITAL AND RESERVES

Called up share capital

6

201

201

Profit and loss account

7

31,534

27,671

SHAREHOLDERS' FUNDS

31,735

27,872

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

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

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31st July 2017 and were signed on its behalf by:

Mrs T L Moor - 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, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Goodwill

£

COST

At 1st December 2015

and 30th November 2016

20,000

AMORTISATION

At 1st December 2015

6,000

Charge for year

2,000

At 30th November 2016

8,000

NET BOOK VALUE

At 30th November 2016

12,000

At 30th November 2015

14,000

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st December 2015

10,514

12,662

23,176

Additions

11,937

422

12,359

At 30th November 2016

22,451

13,084

35,535

DEPRECIATION

At 1st December 2015

7,279

8,775

16,054

Charge for year

1,520

1,079

2,599

At 30th November 2016

8,799

9,854

18,653

NET BOOK VALUE

At 30th November 2016

13,652

3,230

16,882

At 30th November 2015

3,235

3,887

7,122

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

27,021

35,399

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

6,809

2,139

Taxation and social security

14,670

22,016

Other creditors

44,537

46,708

66,016

70,863

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

201

Ordinary Shares

£1

201

201

7.

RESERVES

Profit

and loss

account

£

At 1st December 2015

27,671

Profit for the year

43,862

Dividends

(39,999

)

At 30th November 2016

31,534