PRB Health & Safety Training Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07564504 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

PRB HEALTH & SAFETY TRAINING LTD

TRADING AS

PRB CONSULTING

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R G E Bell

Mrs P F Bell

SECRETARY:

Mrs P F Bell

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

07564504 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

2

3,580

3,623

CURRENT ASSETS

Stocks

10,290

-

Debtors

100,870

105,886

Cash at bank and in hand

38,869

51,416

150,029

157,302

CREDITORS

Amounts falling due within one year

3

104,042

118,603

NET CURRENT ASSETS

45,987

38,699

TOTAL ASSETS LESS CURRENT LIABILITIES

49,567

42,322

PROVISIONS FOR LIABILITIES

716

725

NET ASSETS

48,851

41,597

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

48,849

41,595

SHAREHOLDERS' FUNDS

48,851

41,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 October 2015 and were signed on its behalf by:

R G E Bell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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.

Furniture,fittings & equipment

-

25% on reducing balance

Computer & office equipment

-

Over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

7,821

Additions

2,518

At 31 March 2015

10,339

DEPRECIATION

At 1 April 2014

4,198

Charge for year

2,561

At 31 March 2015

6,759

NET BOOK VALUE

At 31 March 2015

3,580

At 31 March 2014

3,623

3.

CREDITORS

Creditors include an amount of £ 9,032 (2014 - £ 26,808 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES