Professional Solution Providers Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02964967 (England and Wales)

PROFESSIONAL SOLUTION PROVIDERS LTD

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

H Patel

SECRETARY:

REGISTERED OFFICE:

233 Stafford Road

Wallington

Surrey

SM6 9BX

REGISTERED NUMBER:

02964967 (England and Wales)

ACCOUNTANTS:

JLK Associates Ltd

145 Junction Road

London

N19 5PX

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

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 Professional Solution Providers Ltd for the year ended 31 March 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 Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Professional Solution Providers Ltd in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Professional

Solution Providers Ltd and state those matters that we have agreed to state to the director of Professional Solution

Providers Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants

as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Professional Solution Providers Ltd 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

Professional Solution Providers Ltd. You consider that Professional Solution Providers Ltd 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 Professional Solution

Providers Ltd. 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.

JLK Associates Ltd

145 Junction Road

London

N19 5PX

17 May 2014

FIXED ASSETS

Tangible assets

2

1,838

47

Investments

3

20,000

23,000

21,838

23,047

CURRENT ASSETS

Debtors

20,984

12,528

Cash at bank

154,527

198,913

175,511

211,441

CREDITORS

Amounts falling due within one year

35,462

97,928

NET CURRENT ASSETS

140,049

113,513

TOTAL ASSETS LESS CURRENT LIABILITIES

161,887

136,560

CAPITAL AND RESERVES

Called up share capital

4

60

60

Profit and loss account

161,827

136,500

SHAREHOLDERS' FUNDS

161,887

136,560

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 17 May 2014 and were signed by:

H Patel - 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 and fittings

-

15% on cost

Computer equipment

-

25% on cost

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 1 April 2013

9,623

Additions

1,791

At 31 March 2014

11,414

DEPRECIATION

At 1 April 2013

and 31 March 2014

9,576

NET BOOK VALUE

At 31 March 2014

1,838

At 31 March 2013

47

3.	FIXED ASSET INVESTMENTS

Loans

£

At 1 April 2013

23,000

Share of profit/(loss)

(3,000

)

At 31 March 2014

20,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

50

Ordinary

1

50

50

10

A Ordinary

£1

10

10

60

60