Partnershipprojects (UK) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05741447 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

Partnershipprojects (UK) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Jakob

REGISTERED OFFICE:

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

REGISTERED NUMBER:

05741447 (England and Wales)

ACCOUNTANTS:

Will Taylor Chartered Accountants

4th Floor

International House

Queens Road

Brighton

East Sussex

BN1 3XE

FIXED ASSETS

Tangible assets

2

947

1,264

CURRENT ASSETS

Debtors

25,316

12,882

Cash at bank and in hand

25,542

32,093

50,858

44,975

CREDITORS

Amounts falling due within one year

23,295

19,155

NET CURRENT ASSETS

27,563

25,820

TOTAL ASSETS LESS CURRENT LIABILITIES

28,510

27,084

PROVISIONS FOR LIABILITIES

189

253

NET ASSETS

28,321

26,831

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

28,320

26,830

SHAREHOLDERS' FUNDS

28,321

26,831

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 30 December 2015 and were signed by:

P Jakob - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of

income and expenditure in taxation computations in periods different from those in which they are included in

the financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will

be recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing

differences can be deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

4,033

DEPRECIATION

At 1 April 2014

2,769

Charge for year

317

At 31 March 2015

3,086

NET BOOK VALUE

At 31 March 2015

947

At 31 March 2014

1,264

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

Ordinary

£1

1

1