Posh Paws (2012) Limited,Ltd - Accounts

Posh Paws (2012) Limited,Ltd - Accounts

POSH PAWS (2012) LIMITED - Company Information

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2014-12-01 true false Private Limited Company 07853580 2015-11-30 07853580 2014-12-01 2015-11-30 07853580 2014-11-30 07853580 2013-12-01 2014-11-30 07853580 uk-bus:Director1 2014-12-01 2015-11-30 07853580 uk-gaap:FixturesFittings 2014-12-01 2015-11-30 07853580 uk-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP
Posh Paws (2012) Limited
For the year ended 30 November 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07853580
2
Contents Page
Posh Paws (2012) Limited
For the year ended 30 November 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Posh Paws (2012) Limited
Accountants' Report
For the year ended 30 November 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 30 November 2015 and you consider that the company is exempt from an audit under the Companies Act
2006.
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.
Isles & Storer Limited
Bank House
129 High Street
Needham Market
Suffolk
IP6 8DH
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4
Abbreviated Balance Sheet
Posh Paws (2012) Limited
As at 30 November 2015
07853580
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
505
631
505
631
Current assets
Stocks
80
80
Debtors
9,952
14,331
Cash at bank and in hand
1,326
2,654
15,737
12,686
Creditors: amounts falling due within one year
(26,456)
(17,795)
(13,770)
(2,058)
Net current liabilities
Total assets less current liabilities
(1,553)
(13,139)
(1,553)
Net liabilities
(13,139)
Capital and reserves
Called up share capital
100
3
100
Profit and loss account
(1,653)
(13,239)
(1,553)
(13,139)
Shareholders funds
For the year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 23 August 2016
Mr Sergio Cavallaro Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Posh Paws (2012) Limited
For the year ended 30 November 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. No
rental income was paid from April 2015 onwards.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment
20% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
985
At 01 December 2014
At 30 November 2015
985
Depreciation
354
At 01 December 2014
126
Charge for year
480
At 30 November 2015
Net book values
At 30 November 2015
505
631
At 30 November 2014
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6
Notes to the Abbreviated Financial Statements
Posh Paws (2012) Limited
For the year ended 30 November 2015
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Ordinary shares of £1.00 each
100
100
100
100
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