Pestkill Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05549498 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

PESTKILL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M R Brown

REGISTERED OFFICE:

Unit 4

Second Avenue Business Park

Millbrook

Southampton

SO15 0LP

REGISTERED NUMBER:

05549498 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

2

26,129

29,819

CURRENT ASSETS

Stocks

2,600

3,100

Debtors

107,916

60,972

Cash at bank and in hand

94,363

10,271

204,879

74,343

CREDITORS

Amounts falling due within one year

3

132,179

71,208

NET CURRENT ASSETS

72,700

3,135

TOTAL ASSETS LESS CURRENT LIABILITIES

98,829

32,954

CREDITORS

Amounts falling due after more than one year

3

(10,391

)

(11,864

)

PROVISIONS FOR LIABILITIES

(4,373

)

(5,036

)

NET ASSETS

84,065

16,054

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

84,063

16,052

SHAREHOLDERS' FUNDS

84,065

16,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 November 2014 and were signed by:

M R Brown - 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 the income derived from the company's principal activity and is stated net of value added

tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

37,087

Additions

5,248

At 31 August 2014

42,335

DEPRECIATION

At 1 September 2013

7,268

Charge for year

8,938

At 31 August 2014

16,206

NET BOOK VALUE

At 31 August 2014

26,129

At 31 August 2013

29,819

3.

CREDITORS

Creditors include an amount of £ 10,101 (31.8.13 - £ 19,551 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

2

Ordinary

£1

2

2

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

31.8.14

31.8.13

£

£

M R Brown

Balance outstanding at start of year

4,647

-

Amounts advanced

3,156

4,647

Amounts repaid

-

-

Balance outstanding at end of year

7,803

4,647

Interest is charged on the loan at the official rate if at any time during 01/09/13 to 05/04/14 the total amount

owed exceeds £5,000.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R Brown.