Abbreviated Company Accounts - A PEGG INVESTMENTS LIMITED

A PEGG INVESTMENTS LIMITED - Company Information

06790449 A PEGG INVESTMENTS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06790449 2014-01-01 2014-12-31 06790449 2014-12-31 06790449 2013-12-31 06790449 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06790449 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-12-31 iso4217:GBP shares

Registered Number 06790449

A PEGG INVESTMENTS LIMITED

Abbreviated Accounts

31 December 2014

A PEGG INVESTMENTS LIMITED Registered Number 06790449

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	661	-
		661	-
Current assets
Debtors		75,104	59,873
Cash at bank and in hand		5,313	1,832
		80,417	61,705
Creditors: amounts falling due within one year	3	(53,934)	(42,260)
Net current assets (liabilities)		26,483	19,445
Total assets less current liabilities		27,144	19,445
Creditors: amounts falling due after more than one year	3	(15,436)	(17,323)
Provisions for liabilities		(132)	-
Total net assets (liabilities)		11,576	2,122
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		11,574	2,120
Shareholders' funds		11,576	2,122

For the year ending 31 December 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 28 September 2015

And signed on their behalf by:
Mr A A Pegg, Director

A PEGG INVESTMENTS LIMITED Registered Number 06790449

Notes to the Abbreviated Accounts for the period ended 31 December 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 revenues receivable under contracts, net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment – 3 years on the straight line basis

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded as recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.

2Tangible fixed assets

	£
Cost
At 1 January 2014	1,732
Additions	991
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,723
Depreciation
At 1 January 2014	1,732
Charge for the year	330
On disposals	-
At 31 December 2014	2,062
Net book values
At 31 December 2014	661
At 31 December 2013	0

3Creditors

	2014 £	2013 £
Secured Debts	17,330	18,931
Instalment debts due after 5 years	4,990	8,030

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 A Ordinary share of £1 each	1	1
1 B Ordinary shares of £1 each	1	1

5Transactions with directors

Name of director receiving advance or credit:	Mr A A Pegg
Description of the transaction:	Loan from company
Balance at 1 January 2014:	£ 49,898
Advances or credits made:	£ 12,185
Advances or credits repaid:	-
Balance at 31 December 2014:	£ 62,083

The loan to the director is interest free and repayable on demand.