PLAB RIGHT LTD


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Registered number: 05346370
PLAB RIGHT LTD
Abbreviated accounts
For The Year Ended 31 January 2015
TOCKAN & CO

289 BRETTENHAM ROAD
EDMONTON
LONDON
N18 2HF
Abbreviated Balance Sheet
2015 2014
Notes £ £ £ £
FIXED ASSETS
Tangible assets 2 - 651
- 651
CURRENT ASSETS
Cash at bank and in hand 19,988 16,459
19,988 16,459
Creditors: Amounts Falling Due Within One Year (18,488) (25,545)
NET CURRENT ASSETS (LIABILITIES) 1,500 (9,086)
TOTAL ASSETS LESS CURRENT LIABILITIES 1,500 (8,435)
NET ASSETS 1,500 (8,435)
CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and Loss account 1,498 (8,437)
SHAREHOLDERS' FUNDS 1,500 (8,435)
Page 1
For the year ending 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Miss PADMA MYSORE
07/10/2015
Page 2
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25%
Computer Equipment 25%
Tangible Assets
Total
Cost £
As at 1 February 2014 8,685
As at 31 January 2015 8,685
Depreciation
As at 1 February 2014 8,034
Provided during the period 651
As at 31 January 2015 8,685
Net Book Value
As at 31 January 2015 -
As at 1 February 2014 651
Share Capital
Value Number 2015 2014
Allotted, called up and fully paid: £ £ £
Ordinary shares 1.000 2 2 2
Page 3