Accounts filed on 31-01-2016


067870762015-02-012016-01-31falsetruehttp://www.companieshouse.gov.uk/cd:Director12015-02-012016-01-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-01-31http://www.companieshouse.gov.uk/pt:FixturesFittings2016-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-02-012016-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-01-31http://www.companieshouse.gov.uk/pt:MotorCars2015-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-01-31http://www.companieshouse.gov.uk/pt:MotorCars2016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-01-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-02-012016-01-31http://www.companieshouse.gov.uk/pt:LoansHeldAsFixedAssetInvestments2015-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-02-012016-01-31http://www.companieshouse.gov.uk/pt:LoansHeldAsFixedAssetInvestments2016-01-31http://www.companieshouse.gov.uk/pt:MotorCars2015-02-012016-01-31http://www.companieshouse.gov.uk/2014-02-012015-01-31http://www.companieshouse.gov.uk/2015-02-012016-01-31http://www.companieshouse.gov.uk/2015-01-31http://www.companieshouse.gov.uk/2016-01-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-02-012016-01-31http://www.companieshouse.gov.uk/2015-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06787076

P & R Trading Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/01/2016

Prepared By:
Owens & Associates Ltd
Chartered Certified Accountants
40A Market Square
St Neots
Cambs
PE19 2AF

P & R Trading Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/01/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 06787076

P & R Trading Limited

Registered Number: 06787076
BALANCE SHEET AT 31/01/2016
20162015
Notes££
FIXED ASSETS
Tangible assets28,99011,403
Investments34,3125,905
13,30217,308
CURRENT ASSETS
Stock12,55514,135
Debtors (amounts falling due within one year)41581,763
Cash at bank and in hand10,10923,233
22,82239,131
CREDITORS: Amounts falling due within one year85,17889,274
NET CURRENT LIABILITIES(62,356)(50,143)
TOTAL ASSETS LESS CURRENT LIABILITIES(49,054)(32,835)
CAPITAL AND RESERVES
Called up share capital5100100
Profit and loss account(49,154)(32,935)
SHAREHOLDERS' FUNDS(49,054)(32,835)
For the year ending 31/01/2016 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 25/10/2016 and signed on their behalf by
Mr P Kynoch
Director

P & R Trading Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

P & R Trading Limited

2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/02/201511,6082,32914,23928,176
Additions168--168
At 31/01/201611,7762,32914,23928,344
Depreciation
At 01/02/20156,4136139,74716,773
For the year8044291,3482,581
At 31/01/20167,2171,04211,09519,354
Net Book Amounts
At 31/01/20164,5591,2873,1448,990
At 31/01/20155,1951,7164,49211,403
3. INVESTMENT FIXED ASSETS
LoansTotal
££
Cost
At 01/02/20154,3124,312
At 31/01/20164,3124,312
Amortisation
Net Book Amounts
At 31/01/20164,3124,312
At 31/01/20154,3124,312
4. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors1581,763
1581,763

P & R Trading Limited

5. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100