Abbreviated Company Accounts - PJT INTERIM AND ADVISORY LTD

Abbreviated Company Accounts - PJT INTERIM AND ADVISORY LTD

PJT ADVISORY AND CONSULTING LTD - Company Information

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Registered Number 08013913

PJT INTERIM AND ADVISORY LTD

Abbreviated Accounts

31 March 2015

PJT INTERIM AND ADVISORY LTD Registered Number 08013913

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,323 1,864
2,323 1,864
Current assets
Debtors 103,185 45,764
Cash at bank and in hand 10,462 70,582
113,647 116,346
Creditors: amounts falling due within one year (38,592) (38,162)
Net current assets (liabilities) 75,055 78,184
Total assets less current liabilities 77,378 80,048
Total net assets (liabilities) 77,378 80,048
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 77,377 80,047
Shareholders' funds 77,378 80,048
  • 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 23 November 2015

And signed on their behalf by:
Mr P Trethewy, Director

PJT INTERIM AND ADVISORY LTD Registered Number 08013913

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the period, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% reducing balance basis

Other accounting policies
Fixed Assets

All fixed assets are initially recorded at cost.

Operating Lease Agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either 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.

The company is not subject to any such instruments at the period end.

2Tangible fixed assets
£
Cost
At 1 April 2014 3,481
Additions 1,772
Disposals -
Revaluations -
Transfers -
At 31 March 2015 5,253
Depreciation
At 1 April 2014 1,617
Charge for the year 1,313
On disposals -
At 31 March 2015 2,930
Net book values
At 31 March 2015 2,323
At 31 March 2014 1,864
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
1 Ordinary shares of £1 each 1 1