Proton Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07887325 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

PROTON SOLUTIONS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Ms L Kashuba

Mr D Kashuba

REGISTERED OFFICE:

9 Bickels Yard

151-153 Bermondsey Street

London Bridge

London

SE1 3HA

REGISTERED NUMBER:

07887325 (England and Wales)

ACCOUNTANTS:

Parker Randall

Chartered Accountants

9 Bickels Yard

151-153 Bermondsey Street

London Bridge

London

SE1 3HA

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Proton Solutions Limited for the year ended 31 December 2014

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Proton Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Proton Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Proton Solutions Limited, 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 the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Proton Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Proton Solutions Limited. You consider that Proton 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 financial statements of Proton

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 financial statements.

Parker Randall

Chartered Accountants

9 Bickels Yard

151-153 Bermondsey Street

London Bridge

London

SE1 3HA

9 July 2015

FIXED ASSETS

Tangible assets

2

3,472

-

CURRENT ASSETS

Stocks

52,225

-

Debtors

589

1,000

Cash at bank

2,923,985

1,312,852

2,976,799

1,313,852

CREDITORS

Amounts falling due within one year

2,130,764

642,394

NET CURRENT ASSETS

846,035

671,458

TOTAL ASSETS LESS CURRENT LIABILITIES

849,507

671,458

CREDITORS

Amounts falling due after more than one year

(293,683

)

(598,108

)

PROVISIONS FOR LIABILITIES

(242,316

)

-

NET ASSETS

313,508

73,350

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

312,508

72,350

SHAREHOLDERS' FUNDS

313,508

73,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 July 2015 and were signed on its behalf by:

Ms L Kashuba - Director

Mr D Kashuba - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

4,340

At 31 December 2014

4,340

DEPRECIATION

Charge for year

868

At 31 December 2014

868

NET BOOK VALUE

At 31 December 2014

3,472

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000