Penman Morrison Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08116786 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Penman Morrison Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C Morrison

Mrs S Y Morrison

REGISTERED OFFICE:

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

REGISTERED NUMBER:

08116786 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

2

458

460

CURRENT ASSETS

Debtors

1,440

-

Cash at bank

232

2,259

1,672

2,259

CREDITORS

Amounts falling due within one year

2,400

1,721

NET CURRENT (LIABILITIES)/ASSETS

(728

)

538

TOTAL ASSETS LESS CURRENT LIABILITIES

(270

)

998

PROVISIONS FOR LIABILITIES

123

123

NET (LIABILITIES)/ASSETS

(393

)

875

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(493

)

775

SHAREHOLDERS' FUNDS

(393

)

875

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 4 December 2015 and were signed on its behalf by:

C Morrison - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

764

Additions

150

At 31 March 2015

914

DEPRECIATION

At 1 April 2014

304

Charge for year

152

At 31 March 2015

456

NET BOOK VALUE

At 31 March 2015

458

At 31 March 2014

460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

4.	GOING CONCERN

These financial statements have been prepared on a going concern basis. The company is dependant on the

support of the directors.