Abbreviated Company Accounts - PELLINI LIMITED

05673292 PELLINI LIMITED 2014-01-31 false 2013-02-01 2014-01-31 true 05673292 2013-02-01 2014-01-31 05673292 2014-01-31 05673292 2013-01-31 05673292 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 05673292 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 05673292

PELLINI LIMITED

Abbreviated Accounts

31 January 2014

PELLINI LIMITED Registered Number 05673292

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	2,441	3,662
Tangible assets	3	849	1,013
		3,290	4,675
Current assets
Cash at bank and in hand		327	198
		327	198
Creditors: amounts falling due within one year		(7,798)	(8,854)
Net current assets (liabilities)		(7,471)	(8,656)
Total assets less current liabilities		(4,181)	(3,981)
Total net assets (liabilities)		(4,181)	(3,981)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(4,183)	(3,983)
Shareholders' funds		(4,181)	(3,981)

For the year ending 31 January 2014 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 October 2014

And signed on their behalf by:
J M Taylor, Director

PELLINI LIMITED Registered Number 05673292

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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 April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment - 10% and 25% straight line

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - over 10 years

Other accounting policies
Going concern

The accounts have been prepared on a going concern basis. Although the company made a profit of £80 (2013: loss £718) and its liabilities exceeded its assets by £4,181 (2013: £3,981) it has the continued support of its director.

2Intangible fixed assets

	£
Cost
At 1 February 2013	12,209
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	12,209
Amortisation
At 1 February 2013	8,547
Charge for the year	1,221
On disposals	-
At 31 January 2014	9,768
Net book values
At 31 January 2014	2,441
At 31 January 2013	3,662

3Tangible fixed assets

	£
Cost
At 1 February 2013	3,617
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	3,617
Depreciation
At 1 February 2013	2,604
Charge for the year	164
On disposals	-
At 31 January 2014	2,768
Net book values
At 31 January 2014	849
At 31 January 2013	1,013

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2