Planys Cloud Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC388529 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Planys Cloud Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J Henry

P Barclay

S Wexelstein

SECRETARY:

Mrs J Harkness

REGISTERED OFFICE:

G5 Carnegie Conference Centre

Pittsburgh Road Halbeath

Dunfermline

Fife

KY11 8DY

REGISTERED NUMBER:

SC388529 (Scotland)

ACCOUNTANTS:

Clark Wishart Limited

Office 3 BIK

Myregormie Place

Mitchelston Ind Estate

Kirkcaldy

Fife

KY1 3NA

FIXED ASSETS

Tangible assets

2

1,469

3,209

CURRENT ASSETS

Debtors

5,449

42,916

Cash at bank and in hand

9,115

40

14,564

42,956

CREDITORS

Amounts falling due within one year

34,287

47,879

NET CURRENT LIABILITIES

(19,723

)

(4,923

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(18,254

)

(1,714

)

CREDITORS

Amounts falling due after more than one year

-

(82,570

)

PROVISIONS FOR LIABILITIES

(294

)

(643

)

NET LIABILITIES

(18,548

)

(84,927

)

CAPITAL AND RESERVES

Called up share capital

3

1,001

1,001

Profit and loss account

(19,549

)

(85,928

)

SHAREHOLDERS' FUNDS

(18,548

)

(84,927

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 25 September 2015 and were signed on its behalf by:

P Barclay - Director

J Henry - Director

S Wexelstein - 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.

Plant and machinery etc

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

5,734

Additions

258

At 30 June 2015

5,992

DEPRECIATION

At 1 July 2014

2,525

Charge for year

1,998

At 30 June 2015

4,523

NET BOOK VALUE

At 30 June 2015

1,469

At 30 June 2014

3,209

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

1,000

Ordinary A

£1

1,000

1,000

1

Ordinary B

£1

1

1

1,001

1,001