Abbreviated Company Accounts - PRIME LEADS (UK) LIMITED

PRIME LEADS (UK) LIMITED - Company Information

07279012 PRIME LEADS (UK) LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07279012 2014-01-01 2014-12-31 07279012 2014-12-31 07279012 2013-12-31 07279012 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07279012 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07279012

PRIME LEADS (UK) LIMITED

Abbreviated Accounts

31 December 2014

PRIME LEADS (UK) LIMITED Registered Number 07279012

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	32,806	73,217
		32,806	73,217
Current assets
Debtors		38,113	58,393
Investments		50	200
Cash at bank and in hand		515	1,745
		38,678	60,338
Creditors: amounts falling due within one year		(112,141)	(144,742)
Net current assets (liabilities)		(73,463)	(84,404)
Total assets less current liabilities		(40,657)	(11,187)
Total net assets (liabilities)		(40,657)	(11,187)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(40,757)	(11,287)
Shareholders' funds		(40,657)	(11,187)

For the year ending 31 December 2014 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 23 September 2015

And signed on their behalf by:
R W Cotton, Director

PRIME LEADS (UK) LIMITED Registered Number 07279012

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Websites - Over 5 years

2Intangible fixed assets

	£
Cost
At 1 January 2014	202,055
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	202,055
Amortisation
At 1 January 2014	128,838
Charge for the year	40,411
On disposals	-
At 31 December 2014	169,249
Net book values
At 31 December 2014	32,806
At 31 December 2013	73,217

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

Allotted, called up and fully paid:

2014 2013
No £ No £
Ordinary shares of £1 each 100 100 100 100