Abbreviated Company Accounts - PRODUCT ME UK LIMITED

Abbreviated Company Accounts - PRODUCT ME UK LIMITED


Registered Number 09026863

PRODUCT ME UK LIMITED

Abbreviated Accounts

31 October 2015

PRODUCT ME UK LIMITED Registered Number 09026863

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015
£
Current assets
Debtors 2 100
Cash at bank and in hand 7,878
7,978
Creditors: amounts falling due within one year (7,030)
Net current assets (liabilities) 948
Total assets less current liabilities 948
Total net assets (liabilities) 948
Capital and reserves
Called up share capital 3 100
Profit and loss account 848
Shareholders' funds 948
  • For the year ending 31 October 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:
C Foddy, Director

PRODUCT ME UK LIMITED Registered Number 09026863

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

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of accounting

The financial statements have been prepared under the historical cost convention, and in
accordance with applicable UK accounting standards.

Cash flow statement

The directors have taken advantage of the exemption in Financial Reporting Standard No 1
(Revised 1996) from including a cash flow statement in the financial statements on the grounds
that the company is small.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period.

Other accounting policies
Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at
the rate of exchange ruling at the date of the transaction. Exchange differences are taken into
account in arriving at the operating profit.

2Debtors

Debtors of £100 represents called up share capital not paid.

3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
100 Ordinary shares of £1 each 100

100 Ordinary shares of £1 each were issued on incorporation