Abbreviated Company Accounts - P2K (UK) LIMITED

Registered Number 05191426

P2K (UK) LIMITED

Abbreviated Accounts

31 May 2015

P2K (UK) LIMITED Registered Number 05191426

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	159	672
		159	672
Current assets
Stocks		177	548
Debtors		3,091	4,872
Cash at bank and in hand		82	185
		3,350	5,605
Creditors: amounts falling due within one year		(5,341)	(6,274)
Net current assets (liabilities)		(1,991)	(669)
Total assets less current liabilities		(1,832)	3
Total net assets (liabilities)		(1,832)	3
Capital and reserves
Called up share capital		1	1
Profit and loss account		(1,833)	2
Shareholders' funds		(1,832)	3

For the year ending 31 May 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 3 February 2016

And signed on their behalf by:
Mr P J Fry, Director

P2K (UK) LIMITED Registered Number 05191426

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
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:

Fixtures & Fittings 25% on Cost
Office Equipment 33% on Cost

2Tangible fixed assets

	£
Cost
At 1 June 2014	4,278
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	4,278
Depreciation
At 1 June 2014	3,606
Charge for the year	513
On disposals	-
At 31 May 2015	4,119
Net book values
At 31 May 2015	159
At 31 May 2014	672