Partridge & Sons (South West) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07959965 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

for

Partridge & Sons (South West) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J D Partridge

P Partridge

SECRETARY:

Welch Payroll & Company Services Limited

REGISTERED OFFICE:

2 Drake House

Cook Way

Taunton

Somerset

TA2 6BJ

REGISTERED NUMBER:

07959965 (England and Wales)

ACCOUNTANTS:

Welch & Co

2 Drake House

Cook Way

Taunton

Somerset

TA2 6BJ

FIXED ASSETS

Intangible assets

2

30,000

-

CURRENT ASSETS

Cash at bank and in hand

840

100

CREDITORS

Amounts falling due within one year

23,076

-

NET CURRENT (LIABILITIES)/ASSETS

(22,236

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

7,764

100

CAPITAL AND RESERVES

Called up share capital

3

300

100

Profit and loss account

7,464

-

SHAREHOLDERS' FUNDS

7,764

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 November 2014 and were signed on its behalf by:

K R G Welch - 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 April 2008).

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.

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

Total

£

COST

Additions

40,000

At 28 February 2014

40,000

AMORTISATION

Amortisation for year

10,000

At 28 February 2014

10,000

NET BOOK VALUE

At 28 February 2014

30,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

100

Ordinary

£1.00

100

100

100

Ordinary B

£1

100

-

100

Ordinary C

£1

100

-

300

100

The following shares were issued during the year for cash at par :

100 Ordinary B shares of £1

100 Ordinary C shares of £1