Abbreviated Company Accounts - PGG CONSULTANCY LIMITED

PGG CONSULTANCY LIMITED - Company Information

07858204 PGG CONSULTANCY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07858204 2014-04-01 2015-03-31 07858204 2015-03-31 07858204 2014-03-31 07858204 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07858204 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07858204

PGG CONSULTANCY LIMITED

Abbreviated Accounts

31 March 2015

PGG CONSULTANCY LIMITED Registered Number 07858204

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		2,141	13,800
Cash at bank and in hand		59,249	50,571
		61,390	64,371
Creditors: amounts falling due within one year		(58,653)	(55,981)
Net current assets (liabilities)		2,737	8,390
Total assets less current liabilities		2,737	8,390
Total net assets (liabilities)		2,737	8,390
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		2,637	8,290
Shareholders' funds		2,737	8,390

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 11 December 2015

And signed on their behalf by:
P G Gunn, Director

PGG CONSULTANCY LIMITED Registered Number 07858204

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment 20% straight line

Other accounting policies
Other Accounting Policies

Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss accounts over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100