PONDERMATTERS_LIMITED - Accounts

PONDERMATTERS LIMITED - Company Information

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PONDERMATTERS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Company Registration No. 03787835 (England and Wales)

PONDERMATTERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PONDERMATTERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Current assets

Stocks

34,154

35,423

Cash at bank and in hand

1,803

35,957

35,509

Creditors: amounts falling due within one year

(128,921)

(119,472)

Total assets less current liabilities

(92,964)

(83,963)

Capital and reserves

Called up share capital

Profit and loss account

(92,974)

(83,973)

Shareholders' funds

(92,964)

(83,963)

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 19 December 2014

N B Fitzpatrick

Director

Company Registration No. 03787835

PONDERMATTERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Turnover

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

1.3

Stock

Stock is valued at the lower of cost and net realisable value.

1.4

Deferred taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Share capital

2014

2013

Allotted, called up and fully paid

10 Ordinary of £1 each