Abbreviated Company Accounts - PROFITCOMM LTD

Abbreviated Company Accounts - PROFITCOMM LTD

PROFITCOMM LTD - Company Information

Print Friendly Version

Registered Number 02982586

PROFITCOMM LTD

Abbreviated Accounts

5 April 2015

PROFITCOMM LTD Registered Number 02982586

Abbreviated Balance Sheet as at 5 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 816 1,051
816 1,051
Current assets
Debtors 25,904 23,455
Cash at bank and in hand 3,697 4,934
29,601 28,389
Creditors: amounts falling due within one year (29,523) (19,781)
Net current assets (liabilities) 78 8,608
Total assets less current liabilities 894 9,659
Provisions for liabilities (163) (211)
Total net assets (liabilities) 731 9,448
Capital and reserves
Called up share capital 100 100
Profit and loss account 631 9,348
Shareholders' funds 731 9,448
  • For the year ending 5 April 2015 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 3 July 2015

And signed on their behalf by:
Richard Price, Director

PROFITCOMM LTD Registered Number 02982586

Notes to the Abbreviated Accounts for the period ended 5 April 2015

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax

2Tangible fixed assets
£
Cost
At 6 April 2014 27,496
Additions -
Disposals -
Revaluations -
Transfers -
At 5 April 2015 27,496
Depreciation
At 6 April 2014 26,445
Charge for the year 235
On disposals -
At 5 April 2015 26,680
Net book values
At 5 April 2015 816
At 5 April 2014 1,051