Prosurv Home Inspections Ltd - Period Ending 2015-03-31

Registration number: 05854815

Prosurv Home Inspections Ltd
 
  and Unaudited Abbreviated Accounts
 
  for the Year Ended 31 March 2015
 

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

Prosurv Home Inspections Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Prosurv Home Inspections Ltd
(Registration number: 05854815)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					235			837
Current assets
Debtors					768			1,155
Cash at bank and in hand					2,517			3,766
					3,285			4,921
Creditors: Amounts falling due within one year					(3,431)			(3,012)
Net current (liabilities)/assets					(146)			1,909
Net assets					89			2,746
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					87			2,744
Shareholders' funds					89			2,746

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 7 December 2015 and signed on its behalf by:

.........................................
D J Wilsher
Director

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

Prosurv Home Inspections 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 in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as followes:-

Asset class	Depreciation method and rate
Fixtures and fittings	25% on cost

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		3,683			3,683
Disposals		(471)			(471)
At 31 March 2015		3,212			3,212
Depreciation
At 1 April 2014		2,846			2,846
Charge for the year		367			367
Eliminated on disposals		(236)			(236)
At 31 March 2015		2,977			2,977
Net book value
At 31 March 2015		235			235
At 31 March 2014		837			837

Page 2

Prosurv Home Inspections Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3