Abbreviated Company Accounts - PYE TAIT LIMITED

04001365 PYE TAIT LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04001365 2013-04-01 2014-03-31 04001365 2014-03-31 04001365 2013-03-31 04001365 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04001365 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04001365

PYE TAIT LIMITED

Abbreviated Accounts

31 March 2014

PYE TAIT LIMITED Registered Number 04001365

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,394	26,553
Investments	3	2	2
		20,396	26,555
Current assets
Debtors		417,543	323,365
Cash at bank and in hand		567,705	570,156
		985,248	893,521
Prepayments and accrued income		12,969	6,626
Creditors: amounts falling due within one year		(91,546)	(96,991)
Net current assets (liabilities)		906,671	803,156
Total assets less current liabilities		927,067	829,711
Accruals and deferred income		(2,230)	(21,208)
Total net assets (liabilities)		924,837	808,503
Capital and reserves
Called up share capital	4	50,000	50,000
Profit and loss account		874,837	758,503
Shareholders' funds		924,837	808,503

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 July 2014

And signed on their behalf by:
Mrs M Pye, Director

PYE TAIT LIMITED Registered Number 04001365

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added taxation.

Tangible assets depreciation policy
Depreciation is provided at 33% on a reducing balance basis or 10% on cost in order to write off each asset over its estimated useful life.

2Tangible fixed assets

	£
Cost
At 1 April 2013	167,454
Additions	756
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	168,210
Depreciation
At 1 April 2013	140,901
Charge for the year	6,915
On disposals	-
At 31 March 2014	147,816
Net book values
At 31 March 2014	20,394
At 31 March 2013	26,553

3Fixed assets Investments
Investments other than loans.

Cost at 01 April 2013 £2
Cost at 31 March 2014 £2
-----------

Net Book Value

At 31 March 2014 £2
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At 31 March 2013 £2
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4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
50,000 A Ordinary shares of £1 each	50,000	50,000