03164392 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure031643922014-03-31031643922015-03-31031643922014-04-012015-03-31031643922013-03-31031643922013-04-012014-03-31031643922014-03-3103164392ns12:England2014-04-012015-03-3103164392ns14:PoundSterling2014-04-012015-03-3103164392ns7:Director12014-04-012015-03-3103164392ns7:Director22014-04-012015-03-3103164392ns7:OrdinaryShareClass12014-04-012015-03-3103164392ns7:Director32014-04-012015-03-3103164392ns7:CompanySecretary2014-04-012015-03-3103164392ns7:RegisteredOffice2014-04-012015-03-3103164392ns7:EntityAccountantsOrAuditors2014-04-012015-03-3103164392ns7:EntityBankers2014-04-012015-03-3103164392ns5:FixturesFittings2014-04-012015-03-3103164392ns7:OrdinaryShareClass12015-03-3103164392ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 03164392 (England and Wales)




















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

PETHERICKS & GILLARD LIMITED

PETHERICKS & GILLARD LIMITED (REGISTERED NUMBER: 03164392)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PETHERICKS & GILLARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: M J Petherick FCA
I D Gillard FCA FCCA DipPFS
R N Browning BA(Hons) FCCA ACA



SECRETARY: I D Gillard FCA FCCA DipPFS



REGISTERED OFFICE: 124 High Street
Midsomer Norton
Bath
BA3 2DA



REGISTERED NUMBER: 03164392 (England and Wales)



ACCOUNTANTS: Pethericks & Gillard Limited
Chartered Accountants
124 High Street
Midsomer Norton
Bath
BA3 2DA



BANKERS: Lloyds Bank Plc
47 Milsom Street
Bath
BA1 2JN

PETHERICKS & GILLARD LIMITED (REGISTERED NUMBER: 03164392)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 15,000 68,000
Tangible assets 3 7,895 16,198
22,895 84,198

CURRENT ASSETS
Stocks 135,111 212,647
Debtors 111,863 97,118
Investments 158,416 172,000
Cash at bank 30,947 23,478
436,337 505,243
CREDITORS
Amounts falling due within one year 198,536 228,383
NET CURRENT ASSETS 237,801 276,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

260,696

361,058

PROVISIONS FOR LIABILITIES 1,518 2,334
NET ASSETS 259,178 358,724

CAPITAL AND RESERVES
Called up share capital 4 15,000 20,000
Profit and loss account 244,178 338,724
SHAREHOLDERS' FUNDS 259,178 358,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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.

PETHERICKS & GILLARD LIMITED (REGISTERED NUMBER: 03164392)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2015


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 18 December 2015 and were signed on its behalf
by:




I D Gillard FCA FCCA DipPFS - Director



R N Browning BA(Hons) FCCA ACA - Director


PETHERICKS & GILLARD LIMITED (REGISTERED NUMBER: 03164392)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

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 services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1996, 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.

Fixtures and fittings - 33% on cost and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date. Currently timing differences are negative and so no provision has been made.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 340,000
Disposals (90,000 )
At 31 March 2015 250,000
AMORTISATION
At 1 April 2014 272,000
Amortisation for year 12,500
Eliminated on disposal (49,500 )
At 31 March 2015 235,000
NET BOOK VALUE

At 31 March 2015 15,000
At 31 March 2014 68,000

PETHERICKS & GILLARD LIMITED (REGISTERED NUMBER: 03164392)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 38,015
Disposals (9,921 )
At 31 March 2015 28,094
DEPRECIATION
At 1 April 2014 21,817
Charge for year 3,973
Eliminated on disposal (5,591 )
At 31 March 2015 20,199
NET BOOK VALUE
At 31 March 2015 7,895
At 31 March 2014 16,198

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
15,000 Ordinary £1 15,000 20,000
(2014 - 20,000 )