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REGISTERED NUMBER: 02580744 (England and Wales)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

PHIL ROBERTS & CO LIMITED

PHIL ROBERTS & CO LIMITED (REGISTERED NUMBER: 02580744)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

PHIL ROBERTS & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2013







DIRECTORS: P S Roberts
Mrs B A Roberts



SECRETARY: Mrs B A Roberts



REGISTERED OFFICE: 38 Market Street
Tamworth
Staffordshire
B79 7LR



REGISTERED NUMBER: 02580744 (England and Wales)



ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB



BANKERS: Royal Bank of Scotland plc
31-33 Birmingham Road
Sutton Coldfield
West Midlands
B79 7LR
Page 1
PHIL ROBERTS & CO LIMITED (REGISTERED NUMBER: 02580744)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 16,183 21,044

CURRENT ASSETS
Debtors 145,961 97,776
Cash at bank and in hand 41,097 33,571
187,058 131,347
CREDITORS
Amounts falling due within one year 39,381 36,060
NET CURRENT ASSETS 147,677 95,287
TOTAL ASSETS LESS CURRENT
LIABILITIES
163,860
116,331

PROVISIONS FOR LIABILITIES 3,200 4,200
NET ASSETS 160,660 112,131

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Profit and loss account 159,660 111,131
SHAREHOLDERS' FUNDS 160,660 112,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 20 August 2014 and were signed on its behalf by:





P S Roberts - Director


The notes form part of these abbreviated accounts

Page 2
PHIL ROBERTS & CO LIMITED (REGISTERED NUMBER: 02580744)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013

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 commission and fees derived from the provision of services, excluding value added tax.

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 - 25% on cost and 15% reducing balance
Motor vehicles - 25% reducing balance

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

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013 55,355
Additions 623
At 31 December 2013 55,978
DEPRECIATION
At 1 January 2013 34,311
Charge for year 5,484
At 31 December 2013 39,795
NET BOOK VALUE
At 31 December 2013 16,183
At 31 December 2012 21,044

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
1,000 Ordinary £1 1,000 1,000

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is £34,873 (2012 - £46,829) due from P S Roberts. The maximum amount outstanding
during the year was £81,431 (2012 - £58,046) and interest of £2,277 (2012 - £1,940) has been paid on the
amounts due. Interest has been calculated using the applicable beneficial loan interest rate of 4.00 % and there
are no fixed repayment terms.

Page 3