Abbreviated Company Accounts - POSSIBILITY PERSPECTIVES LIMITED

POSSIBILITY PERSPECTIVES LIMITED - Company Information

05500086 POSSIBILITY PERSPECTIVES LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05500086 2013-08-01 2014-07-31 05500086 2014-07-31 05500086 2013-07-31 05500086 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05500086 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05500086

POSSIBILITY PERSPECTIVES LIMITED

Abbreviated Accounts

31 July 2014

POSSIBILITY PERSPECTIVES LIMITED Registered Number 05500086

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,940	3,177
		2,940	3,177
Current assets
Cash at bank and in hand		-	3,667
		-	3,667
Creditors: amounts falling due within one year		(10,132)	(1,246)
Net current assets (liabilities)		(10,132)	2,421
Total assets less current liabilities		(7,192)	5,598
Total net assets (liabilities)		(7,192)	5,598
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(7,193)	5,597
Shareholders' funds		(7,192)	5,598

For the year ending 31 July 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 8 April 2015

And signed on their behalf by:
Mrs S Smith, Director

POSSIBILITY PERSPECTIVES LIMITED Registered Number 05500086

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Tangible fixed assets

	£
Cost
At 1 August 2013	10,808
Additions	743
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	11,551
Depreciation
At 1 August 2013	7,631
Charge for the year	980
On disposals	-
At 31 July 2014	8,611
Net book values
At 31 July 2014	2,940
At 31 July 2013	3,177

3Called Up Share Capital
Allotted, called up and fully paid:

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