Abbreviated Company Accounts - PJF ENTERPRISES LIMITED

Abbreviated Company Accounts - PJF ENTERPRISES LIMITED

PJF ENTERPRISES LIMITED - Company Information

Print Friendly Version

Registered Number 07245552

PJF ENTERPRISES LIMITED

Abbreviated Accounts

31 May 2015

PJF ENTERPRISES LIMITED Registered Number 07245552

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 665 781
665 781
Current assets
Debtors 7,752 3,780
Cash at bank and in hand 61,897 49,755
69,649 53,535
Net current assets (liabilities) 69,649 53,535
Total assets less current liabilities 70,314 54,316
Creditors: amounts falling due after more than one year (39,987) (31,645)
Total net assets (liabilities) 30,327 22,671
Capital and reserves
Called up share capital 1 1
Profit and loss account 30,326 22,670
Shareholders' funds 30,327 22,671
  • 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 22 February 2016

And signed on their behalf by:
P J Facey, Director

PJF ENTERPRISES LIMITED Registered Number 07245552

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 total invoiced fees receivable including VAT but net of the amounts of VAT paid to HM Revenue & Customs in accordance with the regulations of the Flat Rate Scheme.

Tangible assets depreciation policy
Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.


Office Fixtures 15% Reducing Balance
Computer Equipment 15% Reducing Balance

No depreciation is charged in the financial year of acquisition.

Valuation information and policy
Work in Progress is valued at the prime cost of labour and materials plus other direct expenses.

2Tangible fixed assets
£
Cost
At 1 June 2014 1,209
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 1,209
Depreciation
At 1 June 2014 428
Charge for the year 116
On disposals -
At 31 May 2015 544
Net book values
At 31 May 2015 665
At 31 May 2014 781