PERFORMANCE OUTFIT LIMITED - Abbreviated accounts

Registered number

09111948

PERFORMANCE OUTFIT LIMITED

Abbreviated Accounts

31 July 2015

EAGK LLP

Chartered Accountants

PERFORMANCE OUTFIT LIMITED				Registered number
				09111948
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015
£
Current assets
Debtors		12,561
Cash at bank and in hand		47,185
		59,746

Creditors: amounts falling due within one year		(44,110)

Net current assets			15,636

Net assets			15,636

Capital and reserves
Called up share capital	2		100
Profit and loss account			15,536

Shareholder's funds			15,636

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Approved by the board on 29 March 2016




Mr P Vamialis
Director

PERFORMANCE OUTFIT LIMITED
Notes to the Abbreviated Accounts
for the period ended 31 July 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes, provided the amount is material in the context of the Financial Statement as a whole. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100