Paraclete Consulting Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05039680 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2015

FOR

PARACLETE CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S Rapley

SECRETARY:

Mrs B M Rapley

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

05039680 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

2

2,444

1,253

CURRENT ASSETS

Debtors

16,275

18,973

Cash at bank

52,248

67,384

68,523

86,357

CREDITORS

Amounts falling due within one year

26,975

23,001

NET CURRENT ASSETS

41,548

63,356

TOTAL ASSETS LESS CURRENT LIABILITIES

43,992

64,609

PROVISIONS FOR LIABILITIES

501

251

NET ASSETS

43,491

64,358

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

43,490

64,357

SHAREHOLDERS' FUNDS

43,491

64,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16th July 2015 and were signed by:

Mr S Rapley - 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 services, 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.

Fixtures & fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

7,225

Additions

1,814

Disposals

(2,830

)

At 31st March 2015

6,209

DEPRECIATION

At 1st April 2014

5,972

Charge for year

565

Eliminated on disposal

(2,772

)

At 31st March 2015

3,765

NET BOOK VALUE

At 31st March 2015

2,444

At 31st March 2014

1,253

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1