Pegley D'Arcy Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02576330 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2014

FOR

PEGLEY D'ARCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

R J D'Arcy

A J Pegley

SECRETARY:

A J Pegley

REGISTERED OFFICE:

78 York Street

London

W1H 1DP

REGISTERED NUMBER:

02576330 (England and Wales)

ACCOUNTANTS:

U-Tax Limited

70 St John's Close

Knowle

Solihull

West Midlands

B93 0NH

BANKERS:

Lloyds Bank

48-49 The Strand

London

WC2N 5LL

FIXED ASSETS

Tangible assets

2

2,655

CURRENT ASSETS

Cash at bank

2,157

CREDITORS

Amounts falling due within one year

1,048

NET CURRENT ASSETS

1,109

TOTAL ASSETS LESS CURRENT LIABILITIES

3,764

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,664

SHAREHOLDERS' FUNDS

3,764

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

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

The directors acknowledge their 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 Board of Directors on 17th December 2014 and were signed on its behalf by:

A J Pegley - 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.

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

1,180

Additions

3,558

At 31st March 2014

4,738

DEPRECIATION

At 1st April 2013

899

Charge for year

1,184

At 31st March 2014

2,083

NET BOOK VALUE

At 31st March 2014

2,655

At 31st March 2013

281

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31st March 2014:

£

R J D'Arcy

Balance outstanding at start of year

-

Amounts repaid

(31

)

Balance outstanding at end of year

(31

)

A J Pegley

Balance outstanding at start of year

-

Amounts repaid

(587

)

Balance outstanding at end of year

(587

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31st March 2014 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your

statutory responsibilities, from the accounting records and information and explanations supplied to us.

U-Tax Limited

70 St John's Close

Knowle

Solihull

West Midlands

B93 0NH

17th December 2014