Perfection Corporate Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03230090 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

Perfection Corporate Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

E D May

SECRETARY:

Ms D May

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

03230090 (England and Wales)

ACCOUNTANTS:

Philip T. Chave & Co

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

2

1,574

2,098

CURRENT ASSETS

Debtors

6,329

-

Cash at bank

69

1,856

6,398

1,856

CREDITORS

Amounts falling due within one year

6,708

3,720

NET CURRENT LIABILITIES

(310

)

(1,864

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,264

234

CREDITORS

Amounts falling due after more than one year

875

-

NET ASSETS

389

234

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

387

232

SHAREHOLDERS' FUNDS

389

234

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

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

The director acknowledges his 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 19 April 2016 and were signed by:

E D May - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

14,788

DEPRECIATION

At 1 August 2014

12,690

Charge for year

524

At 31 July 2015

13,214

NET BOOK VALUE

At 31 July 2015

1,574

At 31 July 2014

2,098

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

2

Ordinary

£1

2

2

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E D May.