P-Tech Services UK Ltd - Period Ending 2015-03-31

Registration number: 06387489

P-Tech Services UK Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Power Accountax Limited
Chartered Accountants
8c High Street
Southampton
Hampshire
SO14 2DH

P-Tech Services UK Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

P-Tech Services UK Ltd
(Registration number: 06387489)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					2,972			2,116
Current assets
Debtors					9,501			22,940
Cash at bank and in hand					238			6,302
					9,739			29,242
Creditors: Amounts falling due within one year					(11,943)			(21,097)
Net current (liabilities)/assets					(2,204)			8,145
Net assets					768			10,261
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					758			10,251
Shareholders' funds					768			10,261

For the year ending 31 March 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 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 22 October 2015 and signed on its behalf by:

.........................................
Mr Peter Piolanti
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

P-Tech Services UK Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 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, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		6,598			6,598
Additions		1,847			1,847
At 31 March 2015		8,445			8,445
Depreciation
At 1 April 2014		4,482			4,482
Charge for the year		991			991
At 31 March 2015		5,473			5,473
Net book value
At 31 March 2015		2,972			2,972
At 31 March 2014		2,116			2,116

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		10			10			10			10

Page 2

P-Tech Services UK Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

4	Related party transactions

Directors' advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Mr Peter Piolanti
Advance to director	4,543	-	17,919	-

Page 3