P K E Limited - Limited company - abbreviated - 11.0.0

P K E Limited - Limited company - abbreviated - 11.0.0

P K E LIMITED - Company Information

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REGISTERED NUMBER: 07545089 (England and Wales)














P K E LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014






P K E LIMITED (REGISTERED NUMBER: 07545089)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

P K E LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2014







DIRECTORS: P Evans
Mrs K Evans





REGISTERED OFFICE: Churchfield House
36 Vicar Street
Dudley
West Midlands
DY2 8RG





REGISTERED NUMBER: 07545089 (England and Wales)
Page 1
P K E LIMITED (REGISTERED NUMBER: 07545089)

ABBREVIATED BALANCE SHEET
31ST MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 320,000 360,000
Tangible assets 3 904 705
320,904 360,705

CURRENT ASSETS
Debtors 10,480 15,119
Cash at bank and in hand 31,626 36,716
42,106 51,835
CREDITORS
Amounts falling due within one year 222,616 364,671
NET CURRENT LIABILITIES (180,510 ) (312,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
140,394
47,869

PROVISIONS FOR LIABILITIES 181 141
NET ASSETS 140,213 47,728

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 140,113 47,628
SHAREHOLDERS' FUNDS 140,213 47,728

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 notes form part of these abbreviated accounts

Page 2 continued...
P K E LIMITED (REGISTERED NUMBER: 07545089)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2014


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 5th November 2014 and were signed on its behalf
by:





P Evans - Director


The notes form part of these abbreviated accounts

Page 3
P K E LIMITED (REGISTERED NUMBER: 07545089)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014

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 consists of commissions due.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten 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 - 15% on reducing balance
Computer equipment - 33% on cost

Deferred tax
Deferred tax is provided to take into account taxation deferred as a result of timing differences between the
treatment of certain items for taxation and accounting purposes. In general deferred taxation is recognised in
respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred
taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which
the timing differences reverse.

Going concern
The going concern basis has been adopted in preparing the financial statements as the Directors have confirmed
that it is their intention to continue to support the company.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2013
and 31st March 2014 400,000
AMORTISATION
At 1st April 2013 40,000
Amortisation for year 40,000
At 31st March 2014 80,000
NET BOOK VALUE

At 31st March 2014 320,000
At 31st March 2013 360,000

Page 4 continued...
P K E LIMITED (REGISTERED NUMBER: 07545089)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2013 830
Additions 458
At 31st March 2014 1,288
DEPRECIATION
At 1st April 2013 125
Charge for year 259
At 31st March 2014 384
NET BOOK VALUE
At 31st March 2014 904
At 31st March 2013 705

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 5