High Stakes Persuasion Limited - Limited company - abbreviated - 11.6

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 10 JUNE 2013 TO 30 JUNE 2014

FOR

HIGH STAKES PERSUASION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A L Pacifico

K A O' Leary

M B R Hill

R A Churchman

SECRETARY:

A L Pacifico

REGISTERED OFFICE:

Mowbray House

58-70 Edgware Way

Edgware

Middlesex

HA8 8DJ

REGISTERED NUMBER:

08563088 (England and Wales)

ACCOUNTANTS:

Martin Tiano & Co.

Chartered Accountants

Mowbray House

58-70 Edgware Way

Edgware

Middlesex

HA8 8DJ

FIXED ASSETS

Intangible assets

2

24,847

Tangible assets

3

1,067

25,914

CURRENT ASSETS

Debtors

661

Cash at bank

12,107

12,768

CREDITORS

Amounts falling due within one year

61,928

NET CURRENT LIABILITIES

(49,160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,246

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(23,346

)

SHAREHOLDERS' FUNDS

(23,246

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2014 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 22 December 2014 and were signed on its behalf by:

A L Pacifico - Director

K A O' Leary - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared on the going concern basis which is dependent upon the continuing

financial support of the company's directors.

Accounting convention

The financial statements have been prepared under the historical cost convention in accordance with the

Financial reporting Standard for Smaller entities (effective April 2008).

Website

Website development costs are capitalised and amortised over the expected useful life of the website.

Amortisation is provided at between 25% and 33% on cost in order to write off the cost over the expected useful;

life of the website

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 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

35,308

At 30 June 2014

35,308

AMORTISATION

Amortisation for period

10,461

At 30 June 2014

10,461

NET BOOK VALUE

At 30 June 2014

24,847

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,327

At 30 June 2014

1,327

DEPRECIATION

Charge for period

260

At 30 June 2014

260

NET BOOK VALUE

At 30 June 2014

1,067

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

5.	CONTROLLING PARTY

The company is under the control of A L Pacifico who controls the majority of the issued share capital of the

company.