Abbreviated Company Accounts - PRS ACCOUNTANTS AND TAXATION SERVICES LTD

PRS ACCOUNTANTS AND TAXATION SERVICES LTD - Company Information

07580879 PRS ACCOUNTANTS AND TAXATION SERVICES LTD 2015-03-31 false 2014-04-01 2015-03-31 true 07580879 2014-04-01 2015-03-31 07580879 2015-03-31 07580879 2014-03-31 07580879 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07580879 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07580879

PRS ACCOUNTANTS AND TAXATION SERVICES LTD

Abbreviated Accounts

31 March 2015

PRS ACCOUNTANTS AND TAXATION SERVICES LTD Registered Number 07580879

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	39,000	45,500
Tangible assets	3	44,517	42,726
		83,517	88,226
Current assets
Debtors		1,488	9,962
Cash at bank and in hand		18,060	9,978
		19,548	19,940
Creditors: amounts falling due within one year		(100,887)	(107,633)
Net current assets (liabilities)		(81,339)	(87,693)
Total assets less current liabilities		2,178	533
Total net assets (liabilities)		2,178	533
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		2,078	433
Shareholders' funds		2,178	533

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 30 December 2015

And signed on their behalf by:
Paresh Shah, Director

PRS ACCOUNTANTS AND TAXATION SERVICES LTD Registered Number 07580879

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Intangible assets amortisation policy
over period of 10 years

2Intangible fixed assets

	£
Cost
At 1 April 2014	65,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	65,000
Amortisation
At 1 April 2014	19,500
Charge for the year	6,500
On disposals	-
At 31 March 2015	26,000
Net book values
At 31 March 2015	39,000
At 31 March 2014	45,500

3Tangible fixed assets

	£
Cost
At 1 April 2014	58,220
Additions	6,729
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	64,949
Depreciation
At 1 April 2014	15,494
Charge for the year	4,938
On disposals	-
At 31 March 2015	20,432
Net book values
At 31 March 2015	44,517
At 31 March 2014	42,726

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100