P.A.K PAYROLL SERVICES LTD - Period Ending 2015-02-28

Registration number: 08393797

P.A.K PAYROLL SERVICES LTD

Unaudited Abbreviated Accounts

for the Year Ended 28 February 2015
 

Booklynn Bookkeeping Ltd
1 Craftsman Square
Temple Farm Ind Estate
Southend on Sea
Essex
SS2 5RH

P.A.K PAYROLL SERVICES LTD
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

P.A.K PAYROLL SERVICES LTD
(Registration number: 08393797)
Abbreviated Balance Sheet at 28 February 2015

		Note			28 February 2015 £			28 February 2014 £
Current assets
Debtors					5,694			3,895
Cash at bank and in hand					2,037			443
					7,731			4,338
Creditors: Amounts falling due within one year					(1,277)			(450)
Total assets less current liabilities					6,454			3,888
Creditors: Amounts falling due after more than one year					(6,433)			(2,453)
Net assets					21			1,435
Capital and reserves
Called up share capital		2			2			2
Profit and loss account					19			1,433
Shareholders' funds					21			1,435

For the year ending 28 February 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 director acknowledges her 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 director on 6 October 2015

.........................................
L White
Director

The notes on page 2 form an integral part of these financial statements.
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P.A.K PAYROLL SERVICES LTD
Notes to the Abbreviated Accounts for the Year Ended 28 February 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	28 February 2015						28 February 2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

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