Abbreviated Company Accounts - PRESCIENT ASSOCIATES LTD

PRESCIENT ASSOCIATES LTD - Company Information

06163991 PRESCIENT ASSOCIATES LTD 2014-06-30 false 2013-07-01 2014-06-30 true 06163991 2013-07-01 2014-06-30 06163991 2014-06-30 06163991 2013-06-30 06163991 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 06163991 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 06163991

PRESCIENT ASSOCIATES LTD

Abbreviated Accounts

30 June 2014

PRESCIENT ASSOCIATES LTD Registered Number 06163991

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		5,005	33,720
Cash at bank and in hand		21,819	49,062
		26,824	82,782
Creditors: amounts falling due within one year		(3,341)	(72,093)
Net current assets (liabilities)		23,483	10,689
Total assets less current liabilities		23,483	10,689
Total net assets (liabilities)		23,483	10,689
Capital and reserves
Called up share capital	2	50	50
Profit and loss account		23,433	10,639
Shareholders' funds		23,483	10,689

For the year ending 30 June 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 March 2015

And signed on their behalf by:
A B Laird, Director

PRESCIENT ASSOCIATES LTD Registered Number 06163991

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales, excluding value added tax.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
50 Ordinary shares of £1 each	50	50