Paye For Nannies Limited - Limited company - abbreviated - 11.0.0

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Paye For Nannies Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

WW Hill

SECRETARY:

Mrs D S Hill

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

04548911 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Tangible assets

2

19,377

18,955

CURRENT ASSETS

Debtors

56,602

47,305

Cash at bank and in hand

137,345

102,080

193,947

149,385

CREDITORS

Amounts falling due within one year

165,557

128,395

NET CURRENT ASSETS

28,390

20,990

TOTAL ASSETS LESS CURRENT LIABILITIES

47,767

39,945

PROVISIONS FOR LIABILITIES

3,590

3,443

NET ASSETS

44,177

36,502

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

44,077

36,402

SHAREHOLDERS' FUNDS

44,177

36,502

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 31 January 2015 and were signed by:

WW Hill - Director

1.	ACCOUNTING POLICIES

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to

continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going

concern basis in preparing the financial statements.

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.

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 etc

-

25% on reducing balance and Straight line over 3 years

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

48,115

Additions

9,848

At 30 September 2014

57,963

DEPRECIATION

At 1 October 2013

29,160

Charge for year

9,426

At 30 September 2014

38,586

NET BOOK VALUE

At 30 September 2014

19,377

At 30 September 2013

18,955

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100