Abbreviated Company Accounts - PEAKE PRACTICE LIMITED

PEAKE PRACTICE LIMITED - Company Information

Registered Number 07027693

PEAKE PRACTICE LIMITED

Abbreviated Accounts

30 September 2015

PEAKE PRACTICE LIMITED Registered Number 07027693

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1,534	1,647
Investments		-	-
		1,534	1,647
Current assets
Stocks		-	-
Debtors		5,500	1,025
Investments		-	-
Cash at bank and in hand		65,407	47,323
		70,907	48,348
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(57,127)	(43,605)
Net current assets (liabilities)		13,780	4,743
Total assets less current liabilities		15,314	6,390
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		15,314	6,390
Capital and reserves
Called up share capital		2	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		15,312	6,388
Shareholders' funds		15,314	6,390

For the year ending 30 September 2015 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 21 June 2016

And signed on their behalf by:
Mrs S Peake, Director

PEAKE PRACTICE LIMITED Registered Number 07027693

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
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 - 25% on reducing balance.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 October 2014	4,606
Additions	399
Disposals	0
Revaluations	0
Transfers	0
At 30 September 2015	5,005
Depreciation
At 1 October 2014	2,959
Charge for the year	512
On disposals	0
At 30 September 2015	3,471
Net book values
At 30 September 2015	1,534
At 30 September 2014	1,647