P & J Roberts Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01935096 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2014

for

P & J Roberts Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

J C Roberts

P R Roberts

SECRETARY:

J C Roberts

REGISTERED OFFICE:

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

REGISTERED NUMBER:

01935096 (England and Wales)

ACCOUNTANTS:

Hardy & Company

Chartered Certified Accountants

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

BANKERS:

Barclays Bank Plc

190 Stamford Street

Oldham

Lancashire

OL6 7PT

FIXED ASSETS

Tangible assets

2

28,614

10,973

CURRENT ASSETS

Stocks

7,490

9,356

Debtors

29,737

23,635

Cash at bank and in hand

107,969

118,127

145,196

151,118

CREDITORS

Amounts falling due within one year

166,761

158,723

NET CURRENT LIABILITIES

(21,565

)

(7,605

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,049

3,368

CREDITORS

Amounts falling due after more than one year

(417

)

-

PROVISIONS FOR LIABILITIES

(5,723

)

(1,650

)

NET ASSETS

909

1,718

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

809

1,618

SHAREHOLDERS' FUNDS

909

1,718

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 23 December 2014 and were signed on its behalf by:

P R Roberts - Director

J C Roberts - 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 comprises the invoiced value of goods and services supplied by the company net of discounts and

value added tax. Turnover is recognised upon completion of a job.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tools & equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

222,074

Additions

26,495

Disposals

(17,736

)

At 31 July 2014

230,833

DEPRECIATION

At 1 August 2013

211,101

Charge for year

8,292

Eliminated on disposal

(17,174

)

At 31 July 2014

202,219

NET BOOK VALUE

At 31 July 2014

28,614

At 31 July 2013

10,973

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

60

Ordinary voting

£1

60

60

40

Ordinary non-voting

£1

40

40

100

100

4.	ULTIMATE PARENT COMPANY

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 five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of P & J Roberts Limited for the year ended 31 July 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of P & J Roberts Limited, as a body, in accordance with our terms

of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P & J

Roberts Limited and state those matters that we have agreed to state to the Board of Directors of P & J Roberts Limited,

as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as

detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P & J Roberts Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P & J Roberts

Limited. You consider that P & J Roberts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P & J Roberts Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardy & Company

Chartered Certified Accountants

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

24 December 2014