Proteus Developments Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02693303 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Proteus Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P A Jessop

SECRETARY:

Mrs P M Jessop

REGISTERED OFFICE:

16 The Crescent

Leftwich

Northwich

Cheshire

CW9 8AD

REGISTERED NUMBER:

02693303 (England and Wales)

ACCOUNTANTS:

Alextra Group Limited

12/14 Macon Court

Crewe

Cheshire

CW1 6EA

FIXED ASSETS

Tangible assets

2

1,195

1,076

CURRENT ASSETS

Cash at bank and in hand

2,510

2,678

CREDITORS

Amounts falling due within one year

(1,592

)

(1,315

)

NET CURRENT ASSETS

918

1,363

TOTAL ASSETS LESS CURRENT LIABILITIES

2,113

2,439

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,111

2,437

SHAREHOLDERS' FUNDS

2,113

2,439

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

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

The director acknowledges his 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 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 director on 15 December 2014 and were signed by:

Mr P A Jessop - 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.

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

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

17,464

Additions

417

At 31 March 2014

17,881

DEPRECIATION

At 1 April 2013

16,388

Charge for year

298

At 31 March 2014

16,686

NET BOOK VALUE

At 31 March 2014

1,195

At 31 March 2013

1,076

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31 March 2014 the company owed the director £51. (2013 - £51). There were no advances or

repayments during the year. Any advances and repayments made to the director are interest free and repayable on

demand.