Abbreviated Company Accounts - PASSEB LIMITED

06144538 PASSEB LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 06144538 2014-04-01 2015-03-31 06144538 2015-03-31 06144538 2014-03-31 06144538 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06144538 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06144538

PASSEB LIMITED

Abbreviated Accounts

31 March 2015

PASSEB LIMITED Registered Number 06144538

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	-	673
		-	673
Current assets
Debtors		1,636	2,354
Cash at bank and in hand		366	280
		2,002	2,634
Creditors: amounts falling due within one year		(1,793)	(3,187)
Net current assets (liabilities)		209	(553)
Total assets less current liabilities		209	120
Total net assets (liabilities)		209	120
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		109	20
Shareholders' funds		209	120

For the year ending 31 March 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 27 July 2015

And signed on their behalf by:
Barbara Elizabeth Sweeney, Director

PASSEB LIMITED Registered Number 06144538

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents the value, net of value added taxa and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	2,971
Additions	-
Disposals	(378)
Revaluations	-
Transfers	-
At 31 March 2015	2,593
Depreciation
At 1 April 2014	2,298
Charge for the year	295
On disposals	-
At 31 March 2015	2,593
Net book values
At 31 March 2015	0
At 31 March 2014	673

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100