Peter South Associates Ltd - Period Ending 2019-10-31

Peter South Associates Ltd - Period Ending 2019-10-31


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Registration number: 07677956

Peter South Associates Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2019

Cannons
Chartered Certified Accountants
Unit F, Kingsmead
Park Farm Industrial Estate
Folkestone
Kent
CT19 5EU


 

 

Peter South Associates Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Peter South Associates Ltd

Company Information

Directors

Mr PG South

Mrs SA South

Registered office

C/o Cannons Accountants
Unit F, Kingsmead
Park Farm Industrial Estate
Folkestone
Kent
CT19 5EU

Accountants

Cannons
Chartered Certified Accountants
Unit F, Kingsmead
Park Farm Industrial Estate
Folkestone
Kent
CT19 5EU

 

Peter South Associates Ltd

(Registration number: 07677956)
Balance Sheet as at 31 October 2019

2019
£

2018
£

Fixed assets

313,616

303,692

Current assets

64,899

79,509

Creditors: Amounts falling due within one year

(42,643)

(33,083)

Net current assets

22,256

46,426

Total assets less current liabilities

335,872

350,118

Accruals and deferred income

(673)

(853)

 

335,199

349,265

Capital and reserves

335,199

349,265

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
C/o Cannons Accountants
Unit F, Kingsmead
Park Farm Industrial Estate
Folkestone
Kent
CT19 5EU
United Kingdom

These financial statements were authorised for issue by the Board on 18 February 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2018 - 1).

3

Related party transactions

Transactions with directors

2019

At 1 November 2018
£

Advances to directors
£

Repayments by director
£

At 31 October 2019
£

Mr PG South

30,755

22,887

(11,000)

42,643

         
       

 
 

Peter South Associates Ltd

(Registration number: 07677956)
Balance Sheet as at 31 October 2019

2018

At 1 November 2017
£

Advances to directors
£

At 31 October 2018
£

Mr PG South

26,927

3,828

30,755

       
     

 

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 February 2020 and signed on its behalf by:
 

.........................................

Mr PG South
Director