Abbreviated Company Accounts - PB CREATIVE LTD

Registered Number 07100788

PB CREATIVE LTD

Abbreviated Accounts

31 March 2014

PB CREATIVE LTD Registered Number 07100788

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	32,540	13,863
		32,540	13,863
Current assets
Debtors		506,473	332,219
Cash at bank and in hand		477,026	140,306
		983,499	472,525
Creditors: amounts falling due within one year		(768,686)	(355,577)
Net current assets (liabilities)		214,813	116,948
Total assets less current liabilities		247,353	130,811
Total net assets (liabilities)		247,353	130,811
Capital and reserves
Called up share capital		100	100
Profit and loss account		247,253	130,711
Shareholders' funds		247,353	130,811

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 14 August 2014

And signed on their behalf by:
P Hayes, Director

PB CREATIVE LTD Registered Number 07100788

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 comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment - 50% straight line- F,F&F - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	28,409
Additions	26,188
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	54,597
Depreciation
At 1 April 2013	14,546
Charge for the year	7,511
On disposals	-
At 31 March 2014	22,057
Net book values
At 31 March 2014	32,540
At 31 March 2013	13,863