Pelican Projects Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04604074 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Pelican Projects Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P W Harris

SECRETARY:

Mrs A A Harris

REGISTERED OFFICE:

32 Dragon Street

Petersfield

Hampshire

GU31 4JJ

REGISTERED NUMBER:

04604074 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

32 Dragon Street

Petersfield

Hampshire

GU31 4JJ

FIXED ASSETS

Tangible assets

2

741

1,112

CURRENT ASSETS

Debtors

600

1,300

Cash at bank

2,847

90

3,447

1,390

CREDITORS

Amounts falling due within one year

13,664

15,445

NET CURRENT LIABILITIES

(10,217

)

(14,055

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,476

)

(12,943

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(9,576

)

(13,043

)

SHAREHOLDERS' FUNDS

(9,476

)

(12,943

)

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 director acknowledges his 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 director on 20 December 2015 and were signed by:

P W Harris - 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.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

17,190

DEPRECIATION

At 1 April 2014

16,078

Charge for year

371

At 31 March 2015

16,449

NET BOOK VALUE

At 31 March 2015

741

At 31 March 2014

1,112

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

60

Ordinary A

£1

40

40

40

Ordinary B

£1

60

60

100

100