PPMC Limited - Period Ending 2015-04-05

Company No. 04825123

PPMC Limited

Abbreviated Accounts

Year Ended

5 April 2015
 

Brett Pittwood

Chartered Accountants

PPMC Limited   Accounts Year Ended 5 April 2015

INDEX Page

Abbreviated balance sheet 1

Notes to the abbreviated accounts 2 - 3

PPMC Limited Abbreviated balance sheet at 5 April 2015

page 787878787 Company No. 04825123

		Note			2015						2014
Fixed assets
Tangible fixed assets								6,776						6,776
Current assets
Debtors					27,691						34,476
Cash at bank and in hand					2,271						526
					29,962						35,002
CREDITORS: amounts falling due within one year					(720)						(360)
Net current assets								29,242						34,642
Net assets								£36,018						£41,418
Capital and reserves
Called up share capital		3			1						1
Profit and loss account					36,017						41,417
								£36,018						£41,418

For the year ending 5 April 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 director acknowledges his 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 director on 5 January 2016

R J Price
Director

PPMC Limited Notes to the abbreviated accounts   Year Ended 5 April 2015

page 787878787

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	20% straight line basis

2	Fixed assets

		Tangible assets			Total
Cost
At 6 April 2014		14,100			14,100
At 5 April 2015		14,100			14,100
Amortisation
At 6 April 2014		7,324			7,324
At 5 April 2015		7,324			7,324
Net book value
At 5 April 2015		£6,776			£6,776
At 5 April 2014		£6,776			£6,776

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

PPMC Limited Notes to the abbreviated accounts   Year Ended 5 April 2015

page 787878787

4	Related party transactions

Director's advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
R J Price
Overdrawn participator's loan account	10,406	4,655	15,061	4,398