Provider Cash & Carry Limited - Limited company - abbreviated

REGISTERED NUMBER: 04142662 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Provider Cash & Carry Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

7

DIRECTORS:

A D Cockburn

Mrs C D Cockburn

SECRETARY:

Mrs C D Cockburn

REGISTERED OFFICE:

Unit 1 Rosewood Park

St James Road

Blackburn

Lancashire

BB1 8ET

REGISTERED NUMBER:

04142662 (England and Wales)

ACCOUNTANTS:

TT Business Services Ltd

Chartered Accountants

3 Burwell Close

Rochdale

Lancashire

OL12 6DQ

FIXED ASSETS

Intangible assets

2

10,800

12,600

Tangible assets

3

61,823

72,125

Investments

4

7,075

79,698

91,800

CURRENT ASSETS

Stocks

1,141,123

1,184,583

Debtors

953,174

1,018,739

Cash at bank and in hand

48,445

16,418

2,142,742

2,219,740

CREDITORS

Amounts falling due within one year

965,202

1,258,166

NET CURRENT ASSETS

1,177,540

961,574

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,257,238

1,053,374

CREDITORS

Amounts falling due after more than one
year

(36,165

)

(47,899

)

PROVISIONS FOR LIABILITIES

(2,241

)

(5,976

)

NET ASSETS

1,218,832

999,499

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

1,218,732

999,399

SHAREHOLDERS' FUNDS

1,218,832

999,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 8 October 2015 and were signed on its behalf by:

A D Cockburn - 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 represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 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.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Investments

Investments held as fixed assets are shown at cost less provision for impairment

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

36,000

AMORTISATION

At 1 April 2014

23,400

Amortisation for year

1,800

At 31 March 2015

25,200

NET BOOK VALUE

At 31 March 2015

10,800

At 31 March 2014

12,600

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

440,559

Additions

10,693

Disposals

(8,075

)

At 31 March 2015

443,177

DEPRECIATION

At 1 April 2014

368,434

Charge for year

18,452

Eliminated on disposal

(5,532

)

At 31 March 2015

381,354

NET BOOK VALUE

At 31 March 2015

61,823

At 31 March 2014

72,125

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

and 31 March 2015

7,075

NET BOOK VALUE

At 31 March 2015

7,075

At 31 March 2014

7,075

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

100

Ordinary shares of

£1

100

6.	TRANSACTIONS WITH DIRECTORS

During the year the company paid rent to Andrew Cockburn and Carol Cockburn amounting to £30,000 (2014 -

£30,000) in respect of property from which the company operates.

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 six) have

been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

TT Business Services Ltd

Chartered Accountants

3 Burwell Close

Rochdale

Lancashire

OL12 6DQ

8 October 2015

Provider Cash & Carry Limited - Limited company - abbreviated - 11.6

Provider Cash & Carry Limited - Limited company - abbreviated - 11.6