Poles Production & Communication Limited - Limited company accounts 11.4

REGISTERED NUMBER: 03693745 (England and Wales)

POLES PRODUCTION & COMMUNICATION LIMITED

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2014

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Mrs M T A Hoche

SECRETARY:

REGISTERED OFFICE:

87 North Road

Poole

Dorset

BH14 0LT

REGISTERED NUMBER:

03693745 (England and Wales)

ACCOUNTANTS:

The Accounting Bureau Ltd

87 North Road

Poole

Dorset

BH14 0LT

BANKERS:

Barclays

Media Business Centre

27 Soho Square

London

W1D 3QR

The director presents her report with the financial statements of the company for the year ended 31 July 2014.

DIRECTORS

The directors who have held office during the period from 1 August 2013 to the date of this report are as follows:

C Jobbe Duval - resigned 6 August 2013

Ms C M Tubiana - appointed 24 September 2013 - resigned 10 January 2014

Mrs M T A Hoche - appointed 14 February 2014

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Mrs M T A Hoche - Director

15 December 2014

TURNOVER

101,784

65,639

Cost of sales

43,693

16,345

GROSS PROFIT

58,091

49,294

Distribution costs

2,743

3,278

Administrative expenses

50,626

47,646

53,369

50,924

OPERATING PROFIT/(LOSS)

2

4,722

(1,630

)

Interest payable and similar charges

(2,729

)

1,394

PROFIT/(LOSS) ON ORDINARY ACTIVITIES
BEFORE TAXATION

7,451

(3,024

)

Tax on profit/(loss) on ordinary activities

3

-

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

7,451

(3,024

)

FIXED ASSETS

Tangible assets

4

40

53

CURRENT ASSETS

Debtors

5

11,196

7,514

Cash at bank

4,871

89

16,067

7,603

CREDITORS

Amounts falling due within one year

6

33,734

32,734

NET CURRENT LIABILITIES

(17,667

)

(25,131

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,627

)

(25,078

)

CAPITAL AND RESERVES

Called up share capital

7

100

Profit and loss account

8

(17,727

)

(25,178

)

SHAREHOLDERS' FUNDS

(17,627

)

(25,078

)

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

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

The director acknowledges her 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 15 December 2014 and were signed by:

Mrs M T A Hoche - 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.

Deferred tax

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

2.	OPERATING PROFIT/(LOSS)

The operating profit (2013 - operating loss) is stated after charging:

2014

2013

£

Depreciation - owned assets

13

17

Directors' remuneration and other benefits etc

-

1,520

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 July 2014 nor for the year ended

31 July 2013.

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2013

and 31 July 2014

1,225

DEPRECIATION

At 1 August 2013

1,172

Charge for year

13

At 31 July 2014

1,185

NET BOOK VALUE

At 31 July 2014

40

At 31 July 2013

53

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2014

2013

£

Trade debtors

11,196

7,514

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2014

2013

£

Trade creditors

1,000

-

Other creditors

32,734

33,734

32,734

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

£1

100

8.

RESERVES

Profit

and loss

account

£

At 1 August 2013

(25,178

)

Profit for the year

7,451

At 31 July 2014

(17,727

)