Company Registration No. 5014969 (England and Wales)
PJC INVESTMENTS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2016
PJC INVESTMENTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PJC INVESTMENTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2016
28 February 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
110,000
110,000
Current assets
Debtors
68,023
68,023
Cash at bank and in hand
1,438
359
69,461
68,382
Creditors: amounts falling due within one year
(2,327)
(1,696)
Net current assets
67,134
66,686
Total assets less current liabilities
177,134
176,686
Creditors: amounts falling due after more than one year
(214,950)
(214,951)
(37,816)
(38,265)
Capital and reserves
Called up share capital
3
8
8
Revaluation reserve
24,603
24,603
Profit and loss account
(62,427)
(62,876)
Shareholders' funds
(37,816)
(38,265)
For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 November 2016
Mr J R Akerman
Mr P Paterson-Fox
Director
Director
Company Registration No. 5014969
PJC INVESTMENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 March 2015 & at 28 February 2016
110,000
At 28 February 2015
110,000
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4 Ordinary "A" of £1 each
4
4
4 Ordinary "B" of £1 each
4
4
8
8