Abbreviated Company Accounts - PILLORY BARN DESIGN LIMITED

PILLORY BARN DESIGN LIMITED - Company Information

02802485 PILLORY BARN DESIGN LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 02802485 2013-04-01 2014-03-31 02802485 2014-03-31 02802485 2013-03-31 02802485 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 02802485 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 02802485

PILLORY BARN DESIGN LIMITED

Abbreviated Accounts

31 March 2014

PILLORY BARN DESIGN LIMITED Registered Number 02802485

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	13,944	8,430
		13,944	8,430
Current assets
Debtors		93,300	91,842
Cash at bank and in hand		34,428	7,993
		127,728	99,835
Creditors: amounts falling due within one year		(109,977)	(90,085)
Net current assets (liabilities)		17,751	9,750
Total assets less current liabilities		31,695	18,180
Provisions for liabilities		(2,455)	(1,279)
Total net assets (liabilities)		29,240	16,901
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		29,140	16,801
Shareholders' funds		29,240	16,901

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 December 2014

And signed on their behalf by:
R D A Hills, Director

PILLORY BARN DESIGN LIMITED Registered Number 02802485

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 tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
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.

2Tangible fixed assets

	£
Cost
At 1 April 2013	41,497
Additions	10,013
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	51,510
Depreciation
At 1 April 2013	33,067
Charge for the year	4,499
On disposals	-
At 31 March 2014	37,566
Net book values
At 31 March 2014	13,944
At 31 March 2013	8,430

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

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