Perfect Image Consultants Limited - Limited company - abbreviated - 11.9

PERFECT IMAGE CONSULTANTS

LIMITED

ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K A Silva

REGISTERED OFFICE:

Premier Suite

4 Churchill Court

58 Station Road

North Harrow

Middlesex

HA2 7ST

REGISTERED NUMBER:

06816244 (England and Wales)

ACCOUNTANTS:

ADAMS MOORHOUSE, Chartered Accountants

4 Churchill Court

58 Station Road

North Harrow

Middlesex

HA2 7ST

FIXED ASSETS

Tangible assets

2

83,724

98,740

CURRENT ASSETS

Stocks

6,250

-

Debtors

64

64

Cash at bank

199,232

193,055

205,546

193,119

CREDITORS

Amounts falling due within one year

289,773

297,130

NET CURRENT LIABILITIES

(84,227

)

(104,011

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(503

)

(5,271

)

PROVISIONS FOR LIABILITIES

9,798

-

NET LIABILITIES

(10,301

)

(5,271

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(10,401

)

(5,371

)

SHAREHOLDERS' FUNDS

(10,301

)

(5,271

)

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 director acknowledges his 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 director on 24 December 2015 and were signed by:

K A Silva - 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 goods, 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.

Short leasehold

-

in accordance with the property

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

and 31 March 2015

167,813

DEPRECIATION

At 1 April 2014

69,073

Charge for year

15,016

At 31 March 2015

84,089

NET BOOK VALUE

At 31 March 2015

83,724

At 31 March 2014

98,740

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100