4X4 Piconpieces Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06714600 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

4X4 Piconpieces Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Picon-Pryor

REGISTERED OFFICE:

18 Firs Road

Harrogate

HG2 8RD

REGISTERED NUMBER:

06714600 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co LLP

Accountants and Business Advisors

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

FIXED ASSETS

Tangible assets

2

21,308

16,585

CURRENT ASSETS

Debtors

7,547

8,437

Cash at bank

119,498

125,549

127,045

133,986

CREDITORS

Amounts falling due within one year

64,549

63,803

NET CURRENT ASSETS

62,496

70,183

TOTAL ASSETS LESS CURRENT LIABILITIES

83,804

86,768

PROVISIONS FOR LIABILITIES

4,003

3,001

NET ASSETS

79,801

83,767

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

79,800

83,766

SHAREHOLDERS' FUNDS

79,801

83,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 10 December 2015 and were signed by:

M Picon-Pryor - 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 etc

-

33% on cost, 25% on cost and 25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

33,004

Additions

6,764

At 30 April 2015

39,768

DEPRECIATION

At 1 May 2014

16,419

Charge for year

2,041

At 30 April 2015

18,460

NET BOOK VALUE

At 30 April 2015

21,308

At 30 April 2014

16,585

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

as restated

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Property rental charges were paid to the director of £720 (2014 - £720).

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,500 (2014 - £30,300) were paid to the director .