| Peak Sourcing Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Peak Sourcing Limited for the period ended 31 July 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Peak Sourcing Limited for the period ended 31 July 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Peak Sourcing Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2013. Our work has been undertaken solely to prepare for your approval the accounts of Peak Sourcing Limited and state those matters that we have agreed to state to the Board of Directors of Peak Sourcing Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peak Sourcing Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Peak Sourcing Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Peak Sourcing Limited. You consider that Peak Sourcing Limited is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the accounts of Peak Sourcing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts. |
|
| Amy Taylor Accountancy Limited |
|
| 10 Blackbird Street |
| Potton |
| Bedfordshire |
| SG19 2LT |
|
| 4 December 2014 |
|
| Peak Sourcing Limited |
| Registered number: |
08591307 |
| Abbreviated Balance Sheet |
| as at 31 July 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
| Fixed assets |
| Tangible assets |
2 |
|
|
468 |
|
| Current assets |
| Cash at bank and in hand |
|
|
6,441 |
|
| Creditors: amounts falling due within one year |
|
|
(1,353) |
|
| Net current assets |
|
|
|
5,088 |
|
|
| Net assets |
|
|
|
5,556 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
| Profit and loss account |
|
|
|
5,555 |
|
| Shareholder's funds |
|
|
|
5,556 |
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Gillian Donaldson |
| Director |
| Approved by the board on 4 December 2014 |
|
| Peak Sourcing Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 31 July 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value of goods and services provided to customers under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
33% straight line |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
702 |
|
At 31 July 2014 |
702 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
234 |
|
At 31 July 2014 |
234 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2014 |
468 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
|
|
|
|
|
|
