Protect & Effect Ltd - Limited company accounts 11.3
Protect & Effect Ltd - Limited company accounts 11.3
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 31 August 2015 |
| for |
| Protect & Effect Ltd |
| Protect & Effect Ltd (Registered number: SC431217) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2015 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| Protect & Effect Ltd |
| Company Information |
| for the Year Ended 31 August 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Protect & Effect Ltd (Registered number: SC431217) |
| Report of the Director |
| for the Year Ended 31 August 2015 |
| The director presents his report with the financial statements of the company for the year ended 31 August 2015. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of the provision of independent financial advice. |
| DIRECTOR |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to |
| small companies. |
| ON BEHALF OF THE BOARD: |
| Protect & Effect Ltd (Registered number: SC431217) |
| Profit and Loss Account |
| for the Year Ended 31 August 2015 |
| 31.8.15 | 31.8.14 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest payable and similar charges |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| Retained profit brought forward |
| 59,353 | 40,912 |
| Dividends | 4 | ( |
) | ( |
) |
| RETAINED PROFIT CARRIED FORWARD |
| Protect & Effect Ltd (Registered number: SC431217) |
| Balance Sheet |
| 31 August 2015 |
| 31.8.15 | 31.8.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| Protect & Effect Ltd (Registered number: SC431217) |
| Balance Sheet - continued |
| 31 August 2015 |
| The financial statements were approved by the director on |
| Protect & Effect Ltd (Registered number: SC431217) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2015 |
| 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, net of value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Depreciation - owned assets |
| Loss on disposal of fixed assets |
| Director's remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Deferred tax |
| Tax on profit on ordinary activities |
| 4. | DIVIDENDS |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Ordinary shares of 1 each |
| Final | 37,228 | 28,620 |
| Protect & Effect Ltd (Registered number: SC431217) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 September 2014 |
| Additions |
| At 31 August 2015 |
| DEPRECIATION |
| At 1 September 2014 |
| Charge for year |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Other debtors | 5,913 | - |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Other creditors |
| 9. | PROVISIONS FOR LIABILITIES |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Deferred tax |
| Protect & Effect Ltd (Registered number: SC431217) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2015 |
| 9. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 September 2014 |
| Provided during year |
| Balance at 31 August 2015 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.15 | 31.8.14 |
| value: | £ | £ |
| Ordinary | 1 |