Peace of Mind Trading Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08429501 (England and Wales)

Abbreviated Unaudited Accounts

for the period

5 March 2013 to 31 March 2014

for

Peace of Mind Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D A Yamoah

A R Yamoah

REGISTERED OFFICE:

Weir Cottage

2 Laindon Road

Billericay

ESSEX

CM12 9LD

REGISTERED NUMBER:

08429501 (England and Wales)

ACCOUNTANTS:

LowTax Limited

Weir Cottage

2 Laindon Road

Billericay

ESSEX

CM12 9LD

FIXED ASSETS

Tangible assets

2

2,301

CURRENT ASSETS

Cash at bank

1,496

CREDITORS

Amounts falling due within one year

2,638

NET CURRENT LIABILITIES

(1,142

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,159

PROVISIONS FOR LIABILITIES

460

NET ASSETS

699

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

599

SHAREHOLDERS' FUNDS

699

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 5 December 2014 and were signed on its behalf by:

D A Yamoah - 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.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the

treatment of certain items for taxation and accounting purposes. The deferred tax balance has not

been discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,930

At 31 March 2014

2,930

DEPRECIATION

Charge for period

629

At 31 March 2014

629

NET BOOK VALUE

At 31 March 2014

2,301

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

50

50

Ordinary B

£1

50

100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of £1 each

50 Ordinary B shares of £1 each

4.	RELATED PARTY DISCLOSURES

During the period, total dividends of £11,000 were paid to the directors .

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be Mr & Mrs Yamoah, by virtue of the 100% shareholding.