Abbreviated Company Accounts - PUDDING BAG LEASING LIMITED

Abbreviated Company Accounts - PUDDING BAG LEASING LIMITED


Registered Number 07470923

PUDDING BAG LEASING LIMITED

Abbreviated Accounts

31 March 2016

PUDDING BAG LEASING LIMITED Registered Number 07470923

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 547,240 536,069
547,240 536,069
Current assets
Debtors 20 120
Cash at bank and in hand 7,295 1,947
7,315 2,067
Creditors: amounts falling due within one year (5,988) (5,706)
Net current assets (liabilities) 1,327 (3,639)
Total assets less current liabilities 548,567 532,430
Creditors: amounts falling due after more than one year (468,000) (468,000)
Total net assets (liabilities) 80,567 64,430
Capital and reserves
Called up share capital 3 520 520
Share premium account 51,505 51,505
Profit and loss account 28,542 12,405
Shareholders' funds 80,567 64,430
  • For the year ending 31 March 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 29 November 2016

And signed on their behalf by:
J W Sutcliffe, Director

PUDDING BAG LEASING LIMITED Registered Number 07470923

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

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

Turnover policy
Income comprises the company's share of Partnership profits.

2Fixed assets Investments
Interest in Triple Point Lease Partners 2016 2015

At 1 April 2015 536,069 520,188
Profit Share 24,171 20,881
Withdrawn In Period (13,000) (5,000)
At 31 March 2016 547,240 536,069

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
520 Ordinary shares of £1 each 520 520