Pegasus Staff Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 04693784 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Pegasus Staff Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs A I Colder

SECRETARY:

Midlands Secretarial Services Limited

REGISTERED OFFICE:

29C The Derwent Business Centre

Clark Street

Derby

DE1 2BU

REGISTERED NUMBER:

04693784 (England and Wales)

ACCOUNTANTS:

Hunter Jones Alton

36 Bridge Street

Belper

Derbyshire

DE56 1AX

FIXED ASSETS

Intangible assets

2

13,500

15,000

Tangible assets

3

5,889

5,581

19,389

20,581

CURRENT ASSETS

Debtors

576,213

627,805

Cash at bank

22,188

21,626

598,401

649,431

CREDITORS

Amounts falling due within one year

602,666

644,534

NET CURRENT (LIABILITIES)/ASSETS

(4,265

)

4,897

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,124

25,478

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

15,122

25,476

SHAREHOLDERS' FUNDS

15,124

25,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 13 March 2015 and were signed by:

Mrs A I Colder - 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 2003, 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 etc

-

25% on reducing balance

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 April 2013

and 31 March 2014

30,000

AMORTISATION

At 1 April 2013

15,000

Amortisation for year

1,500

At 31 March 2014

16,500

NET BOOK VALUE

At 31 March 2014

13,500

At 31 March 2013

15,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

22,068

Additions

2,270

At 31 March 2014

24,338

DEPRECIATION

At 1 April 2013

16,487

Charge for year

1,962

At 31 March 2014

18,449

NET BOOK VALUE

At 31 March 2014

5,889

At 31 March 2013

5,581

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

2

Ordinary

£1

2

Pegasus Staff Services Limited - Limited company - abbreviated - 11.6

Pegasus Staff Services Limited - Limited company - abbreviated - 11.6