Perfect Villa Escapes Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09063104 (England and Wales)

PERFECT VILLA ESCAPES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

30 MAY 2014 TO 31 OCTOBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss R M Tweedley

SECRETARY:

None Appointed

REGISTERED OFFICE:

Suite Mics 4

Princes Street

Mayfair

London

W1B 2LE

REGISTERED NUMBER:

09063104 (England and Wales)

ACCOUNTANTS:

STEAD ROBINSON

Chartered Accountants

Scotgate House

2 Scotgate Road

Honley

Holmfirth

HD9 6GD

FIXED ASSETS

Intangible assets

2

38,000

Tangible assets

3

10,185

48,185

CURRENT ASSETS

Debtors

269,752

Cash at bank

5,387

275,139

CREDITORS

Amounts falling due within one year

322,868

NET CURRENT LIABILITIES

(47,729

)

TOTAL ASSETS LESS CURRENT LIABILITIES

456

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

455

SHAREHOLDERS' FUNDS

456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26 February 2016 and were signed by:

Miss R M Tweedley - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

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 etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

40,000

At 31 October 2015

40,000

AMORTISATION

Amortisation for period

2,000

At 31 October 2015

2,000

NET BOOK VALUE

At 31 October 2015

38,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

13,580

At 31 October 2015

13,580

DEPRECIATION

Charge for period

3,395

At 31 October 2015

3,395

NET BOOK VALUE

At 31 October 2015

10,185

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1