Abbreviated Company Accounts - PACE DEVELOPMENTS (UK) LIMITED

Abbreviated Company Accounts - PACE DEVELOPMENTS (UK) LIMITED

PACE DEVELOPMENTS (UK) LIMITED - Company Information

Print Friendly Version

Registered Number 04948940

PACE DEVELOPMENTS (UK) LIMITED

Abbreviated Accounts

30 September 2014

PACE DEVELOPMENTS (UK) LIMITED Registered Number 04948940

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,170,092 2,170,092
2,170,092 2,170,092
Current assets
Debtors 983 1,678
Cash at bank and in hand 1,853 -
2,836 1,678
Creditors: amounts falling due within one year (38,062) (34,838)
Net current assets (liabilities) (35,226) (33,160)
Total assets less current liabilities 2,134,866 2,136,932
Creditors: amounts falling due after more than one year (2,114,464) (2,114,464)
Total net assets (liabilities) 20,402 22,468
Capital and reserves
Called up share capital 76 76
Other reserves 31 31
Profit and loss account 20,295 22,361
Shareholders' funds 20,402 22,468
  • For the year ending 30 September 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 27 April 2015

And signed on their behalf by:
J Preston, Director

PACE DEVELOPMENTS (UK) LIMITED Registered Number 04948940

Notes to the Abbreviated Accounts for the period ended 30 September 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 the total invoice value, excluding value added tax, of sales made during the year.

2Tangible fixed assets
£
Cost
At 1 October 2013 2,170,092
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 2,170,092
Depreciation
At 1 October 2013 -
Charge for the year -
On disposals -
At 30 September 2014 -
Net book values
At 30 September 2014 2,170,092
At 30 September 2013 2,170,092