Policy Network and Communications Ltd 31/12/2020 iXBRL

Policy Network and Communications Ltd 31/12/2020 iXBRL

POLICY NETWORK AND COMMUNICATIONS LTD - Company Information

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Company registration number: 03918992
Policy Network and Communications Ltd
Company limited by guarantee
Unaudited filleted financial statements
31 December 2020
Policy Network and Communications Ltd
Company limited by guarantee
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Policy Network and Communications Ltd
Company limited by guarantee
Directors and other information
Directors Andrew Adonis
Stephen Beer
Matthew Browne
Patrick Diamond
Andrew Gamble
Stephen Hockman
Jurgen Kronig
Roger Liddle
Giles Radice
Helen Wallace
Company number 03918992
Registered office 65 Leadenhall Street
5th Floor
London
EC3A 2AD
Accountants Ruskells Limited
The Tall House
29a West Street
Marlow
Bucks
SL7 2LS
Policy Network and Communications Ltd
Company limited by guarantee
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Policy Network and Communications Ltd
Year ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Policy Network and Communications Ltd for the year ended 31 December 2020 which comprise the statement of financial position and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Policy Network and Communications Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Policy Network and Communications Ltd and state those matters that we have agreed to state to the board of directors of Policy Network and Communications Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Policy Network and Communications Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Policy Network and Communications 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 loss of Policy Network and Communications Ltd. You consider that Policy Network and Communications 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 Policy Network and Communications 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.
Ruskells Limited
Chartered Accountants
The Tall House
29a West Street
Marlow
Bucks
SL7 2LS
24 August 2021
Policy Network and Communications Ltd
Company limited by guarantee
Statement of financial position
31 December 2020
2020 2019
£ £
Current assets 129,813 176,844
Creditors: amounts falling due within one year ( 10,926) ( 2,687)
_______ _______
Net current assets 118,887 174,157
_______ _______
Total assets less current liabilities 118,887 174,157
Accruals and deferred income - ( 2,316)
_______ _______
Net assets 118,887 171,841
_______ _______
Capital and reserves 118,887 171,841
_______ _______
Notes to the financial statements
Policy Network and Communications Ltd
Company limited by guarantee
Year ended 31 December 2020
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2019: Nil).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Patrick Diamond - ( 103) ( 103)
Roger Liddle 792 - 792
_______ _______ _______
2019
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Patrick Diamond - - -
Roger Liddle - 792 792
_______ _______ _______
The loan will be repaid within 9 months of the year end.
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 24 August 2021 , and are signed on behalf of the board by:
Roger Liddle
Director
Company registration number: 03918992
The company is a private company limited by guarantee, registered in England.