For the year ended 23 December 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 00753781
Peachmore Limited
For the year ended 23 December 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Peachmore Limited
Accountants' Report
For the year ended 23 December 2015
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Peachmore Limited for the year ended
23
December
2015
which comprise the Profit and Loss
|
Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from information
|
and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Peachmore Limited
,
as a body
,
in accordance with the terms
|
of our engagement letter dated
23
March
2000
.
Our work has been undertaken solely to prepare for your approval
|
the accounts of Peachmore Limited and state those matters that we have agreed to state to the Board of Directors
|
of Peachmore Limited
,
as a body
,
in this report in accordance with the requirements of the Association of Chartered
|
Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent permitted by
|
law
,
we do not accept or assume responsibility to anyone other than Peachmore Limited and its Board of Directors
|
as a body for our work or for this report
.
|
It is your duty to ensure that Peachmore Limited has kept adequate accounting records and to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Peachmore Limited
.
|
You consider that Peachmore Limited is exempt from the statutory audit requirement for the year
.
|
John R Parkhouse FCCA
332 Hill Lane
Southampton
SO15 7NW
01 September 2016
1 of 4
Notes to the Abbreviated Financial Statements
|
Peachmore Limited
For the year ended 23 December 2015
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
The company operates a defined contribution pension scheme for the benefit of its directors
.
Contributions payable
|
and expenses borne on behalf of the scheme are charged to the profit and loss account in the period in which they
|
are incurred
..
|
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:
|
Computer Equipment
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.
|
1,100
1,100
700
100
Charge for year
800
300
400
3 of 4
Notes to the Abbreviated Financial Statements
|
Peachmore Limited
For the year ended 23 December 2015
Allotted called up and fully paid
|
23/12/2015
23/12/2014
100
Class A shares of £
1
.
00
each
|
100
100
100
100
4 of 4