Abbreviated Company Accounts - PEERLESS VEHICLE LEASING LTD

PEERLESS RESOLUTIONS LIMITED - Company Information

09374257 PEERLESS VEHICLE LEASING LTD 2016-01-31 false 2015-01-05 2016-01-31 true 09374257 2015-01-05 2016-01-31 09374257 2016-01-31 09374257 uk-gaap-cd-bus:Director1 2015-01-05 2016-01-31 09374257 uk-gaap-cd-bus:Director2 2015-01-05 2016-01-31 uk-gaap-cd-bus:Director3 2015-01-05 2016-01-31 uk-gaap-cd-bus:Director3 2016-01-31 iso4217:GBP shares

Registered Number 09374257

PEERLESS VEHICLE LEASING LTD

Abbreviated Accounts

31 January 2016

PEERLESS VEHICLE LEASING LTD Registered Number 09374257

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	667
		667
Current assets
Debtors		10,586
Cash at bank and in hand		7,324
		17,910
Creditors: amounts falling due within one year		(17,598)
Net current assets (liabilities)		312
Total assets less current liabilities		979
Provisions for liabilities		(133)
Total net assets (liabilities)		846
Capital and reserves
Called up share capital		100
Profit and loss account		746
Shareholders' funds		846

For the year ending 31 January 2016 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 6 April 2016

And signed on their behalf by:
S Dobson, Director

PEERLESS VEHICLE LEASING LTD Registered Number 09374257

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided ta the following annual rates in order to write off each asset over its estimated useful life:
Computer Equipment - 33% on cost

2Tangible fixed assets

	£
Cost
Additions	1,000
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	1,000
Depreciation
Charge for the year	333
On disposals	-
At 31 January 2016	333
Net book values
At 31 January 2016	667

3Transactions with directors

Name of director receiving advance or credit:	Steven Dobson
Description of the transaction:	Director's Advances, Credits and Guarantees
Balance at 5 January 2015:	-
Advances or credits made:	£ 36,259
Advances or credits repaid:	£ 28,380
Balance at 31 January 2016:	£ 7,879