Peter Haddad Trading Limited - Limited company - abbreviated

REGISTERED NUMBER: 01484434 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

PETER HADDAD TRADING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P K G Haddad

REGISTERED OFFICE:

Haddad House

91 East Street

Epsom

Surrey

KT17 1DT

REGISTERED NUMBER:

01484434 (England and Wales)

ACCOUNTANTS:

JOHN WILLIAMS & CO.

CHARTERED ACCOUNTANTS

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Intangible assets

2

12,500

15,000

Tangible assets

3

1,915

2,599

14,415

17,599

CURRENT ASSETS

Debtors

605,704

518,904

Cash at bank and in hand

612,400

506,274

1,218,104

1,025,178

CREDITORS

Amounts falling due within one year

730,880

605,409

NET CURRENT ASSETS

487,224

419,769

TOTAL ASSETS LESS CURRENT
LIABILITIES

501,639

437,368

PROVISIONS FOR LIABILITIES

383

345

NET ASSETS

501,256

437,023

CAPITAL AND RESERVES

Called up share capital

4

3,400

Profit and loss account

497,856

433,623

SHAREHOLDERS' FUNDS

501,256

437,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 August 2014 and were signed by:

P K G Haddad - 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 2000, is being amortised evenly over its estimated useful life of twenty 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

-

20% on cost

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals received or paid under operating leases are credited or charged to the profit and loss as incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

50,000

AMORTISATION

At 1 May 2013

35,000

Amortisation for year

2,500

At 30 April 2014

37,500

NET BOOK VALUE

At 30 April 2014

12,500

At 30 April 2013

15,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

24,051

Additions

447

At 30 April 2014

24,498

DEPRECIATION

At 1 May 2013

21,452

Charge for year

1,131

At 30 April 2014

22,583

NET BOOK VALUE

At 30 April 2014

1,915

At 30 April 2013

2,599

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,100

Ordinary Voting

£1

1,100

2,300

Ordinary Non-Voting

£1

2,300

3,400

The ordinary non-voting shares have the right to par value only on a winding up. They have no rights to

dividends other than at the sole discretion of the director and only out of reserves accumulated since 31st January

1997.