REGISTERED NUMBER: 06492890 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2014

for

P.T.F. Glass Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P T French

Mrs D French

SECRETARY:

Mrs D French

REGISTERED OFFICE:

Vaynol Gate

Rooms Lane

Morley

Leeds

West Yorkshire

LS27 9PA

REGISTERED NUMBER:

06492890 (England and Wales)

ACCOUNTANTS:

Frank W Dobby & Co Limited

Chartered Certified Accountants

55 Fountain Street

Morley

Leeds

West Yorkshire

LS27 0AA

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

6,037

5,242

6,037

5,242

CURRENT ASSETS

Stocks

500

425

Debtors

44,264

18,955

Cash at bank

-

9,669

44,764

29,049

CREDITORS

Amounts falling due within one year

49,359

33,466

NET CURRENT LIABILITIES

(4,595

)

(4,417

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,442

825

PROVISIONS FOR LIABILITIES

594

301

NET ASSETS

848

524

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

748

424

SHAREHOLDERS' FUNDS

848

524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 April 2014 and were signed on its behalf by:

P T French - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

40,000

AMORTISATION

At 1 February 2013

and 31 January 2014

40,000

NET BOOK VALUE

At 31 January 2014

-

At 31 January 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

14,239

Additions

1,901

At 31 January 2014

16,140

DEPRECIATION

At 1 February 2013

8,997

Charge for year

1,106

At 31 January 2014

10,103

NET BOOK VALUE

At 31 January 2014

6,037

At 31 January 2013

5,242

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

£

100

Ordinary

1.00

100

100