PRAS Management Solutions Limited - Period Ending 2014-09-30

PRAS Management Solutions Limited - Period Ending 2014-09-30

PRAS MANAGEMENT SOLUTIONS LIMITED - Company Information

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PRAS Management Solutions Limited 06706220 false true 2013-10-01 2014-09-30 2014-09-30 06706220 2013-10-01 2014-09-30 06706220 2014-09-30 06706220 uk-bus:OrdinaryShareClass1 2014-09-30 06706220 uk-bus:Director1 2013-10-01 2014-09-30 06706220 uk-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 06706220 uk-bus:EntityAccountantsOrAuditors 2013-10-01 2014-09-30 06706220 2013-09-30 06706220 2013-09-30 06706220 uk-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP xbrli:shares

Registration number: 06706220

PRAS Management Solutions Limited

trading as Pras Management Solutions Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2014
 

Andrew Keates & Associates
Accountants & Tax Advisors
Clock Tower House
Trueman Street
Liverpool
Merseyside
L3 2BA

 

PRAS Management Solutions Limited
trading as Pras Management Solutions Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
PRAS Management Solutions Limited
trading as Pras Management Solutions Limited
for the Year Ended 30 September 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PRAS Management Solutions Limited for the year ended 30 September 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of PRAS Management Solutions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of PRAS Management Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PRAS Management Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that PRAS Management Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PRAS Management Solutions Limited. You consider that PRAS Management Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of PRAS Management Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Andrew Keates & Associates
Accountants & Tax Advisors
Clock Tower House
Trueman Street
Liverpool
Merseyside
L3 2BA

29 June 2015

Page 1

 

PRAS Management Solutions Limited
trading as Pras Management Solutions Limited
(Registration number: 06706220)
Abbreviated Balance Sheet at 30 September 2014

   

Note

    

2014
£

    

2013
£

  

Current assets

  

             

Debtors

  

   

10,000

   

6,000

 

Cash at bank and in hand

  

   

8,801

   

27,761

 
   

   

18,801

   

33,761

 

Creditors: Amounts falling due within one year

  

   

(23,535)

   

(39,992)

 

Net liabilities

  

   

(4,734)

   

(6,231)

 

Capital and reserves

  

             

Called up share capital

 

2

   

2

   

2

 

Profit and loss account

  

   

(4,736)

   

(6,233)

 

Shareholders' deficit

  

   

(4,734)

   

(6,231)

 

For the year ending 30 September 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 29 June 2015 and signed on its behalf by:

.........................................
Mr P Rigby
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

 

PRAS Management Solutions Limited
trading as Pras Management Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of management fees.

2

Share capital

Allotted, called up and fully paid shares

 

2014

2013

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

2

   

2

   

2

   

2

 
                         

3

Related party transactions

Directors' advances and credits

 

2014
Advance/ Credit
£

2014
Repaid
£

2013
Advance/ Credit
£

2013
Repaid
£

Mr P Rigby

Directors current account

4,750

-

17,031

-

         
         

Page 3