Abbreviated Company Accounts - PETER O'NEILL LTD

NI068413 PETER O'NEILL LTD 2014-03-31 false 2013-04-01 2014-03-31 true NI068413 2013-04-01 2014-03-31 NI068413 2014-03-31 NI068413 2013-03-31 NI068413 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 NI068413 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 NI068413

PETER O'NEILL LTD

Abbreviated Accounts

31 March 2014

PETER O'NEILL LTD Registered Number NI068413

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,473	1,000
		2,473	1,000
Current assets
Debtors		5,814	3,794
Cash at bank and in hand		1,680	1,643
		7,494	5,437
Net current assets (liabilities)		7,494	5,437
Total assets less current liabilities		9,967	6,437
Creditors: amounts falling due after more than one year		(7,872)	(5,782)
Total net assets (liabilities)		2,095	655
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,995	555
Shareholders' funds		2,095	655

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 10 December 2014

And signed on their behalf by:
Mr P O'Neill, Director

PETER O'NEILL LTD Registered Number NI068413

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cashflow statement on the grounds that it is a small company.

Compliance with accounting standards
The financial statements have been prepared on a going concern basis under the historical cost
convention and in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom. The principle accounting policies, which have been applied consistently throughout the year, are set out below.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 20% Reducing balance per annum

2Tangible fixed assets

	£
Cost
At 1 April 2013	1,596
Additions	2,091
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	3,687
Depreciation
At 1 April 2013	596
Charge for the year	618
On disposals	-
At 31 March 2014	1,214
Net book values
At 31 March 2014	2,473
At 31 March 2013	1,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100