Proces Risk Management Limited Filleted accounts for Companies House (small and micro)

Proces Risk Management Limited Filleted accounts for Companies House (small and micro)

PROCES RISK MANAGEMENT LTD - Company Information

Print Friendly Version

false false false false false false false false false true false false false false false false false No description of principal activity 2018-04-01 Sage Accounts Production Advanced 2018 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP SC375603 2018-04-01 2019-03-31 SC375603 2019-03-31 SC375603 2017-04-01 2018-03-31 SC375603 2018-03-31 SC375603 bus:Director1 2018-04-01 2019-03-31 SC375603 core:WithinOneYear 2019-03-31 SC375603 core:WithinOneYear 2018-03-31 SC375603 core:RestatedAmount 2018-03-31 SC375603 bus:Micro-entities 2018-04-01 2019-03-31 SC375603 bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 SC375603 bus:FullAccounts 2018-04-01 2019-03-31 SC375603 bus:SmallCompaniesRegimeForAccounts 2018-04-01 2019-03-31 SC375603 bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
COMPANY REGISTRATION NUMBER: SC375603
Proces Risk Management Limited
Filleted Unaudited Financial Statements
31 March 2019
Proces Risk Management Limited
Statement of Financial Position
31 March 2019
2019
2018
£
£
£
Fixed assets
335,165
333,664
---------
---------
Current assets
210,722
201,016
Creditors: amounts falling due within one year
17,585
17,779
---------
---------
Net current assets
193,137
183,237
---------
---------
Total assets less current liabilities
528,302
516,901
Accruals and deferred income
2,500
5,000
---------
---------
525,802
511,901
---------
---------
Capital and reserves
525,802
511,901
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2018: 2 ).
2. Director's advances, credits and guarantees
The director repaid a loan from the company during the year of £40,000 and received a further advance of £27,220. The balance outstanding at 31 March 2019 was £113,783, (2018-£126,563). Interest is charged at 2.5% and there are no repayment terms.
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 30 December 2019 , and are signed on behalf of the board by:
Dr E J Bailey
Director
Company registration number: SC375603
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 3 West Craibstone Street, Aberdeen, AB11 6YW, Scotland.