PS Schofield Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07585052 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2015

for

PS Schofield Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr P B Schofield

Mrs S Schofield

REGISTERED OFFICE:

Unit 44

Longshot Lane

Bracknell

Berkshire

RG12 1RL

REGISTERED NUMBER:

07585052 (England and Wales)

ACCOUNTANTS:

FPSS Limited

Business Advisers and Accountants

5th Floor

11 Leadenhall Street

London

EC3V 1LP

FIXED ASSETS

Investments

2

381,390

250,990

CURRENT ASSETS

Cash at bank and in hand

6,862

77

CREDITORS

Amounts falling due within one year

198,396

71,643

NET CURRENT LIABILITIES

(191,534

)

(71,566

)

TOTAL ASSETS LESS CURRENT LIABILITIES

189,856

179,424

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

189,854

179,422

SHAREHOLDERS' FUNDS

189,856

179,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 December 2015 and were signed on its behalf by:

Mrs S Schofield - Director

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, excluding value added tax.

Fixed assets investment

Fixed assets investment is stated at cost less provision for any permanent diminution in value.

2.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2015

2014

£

£

Fixed Asset Investment

381,390

250,990

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary shares

£1

2

2

4.	CONTROLLING PARTY

The company is being controlled by Mrs S Schofield and Paul Schofield by virtue of their equal shareholding.