Abbreviated Company Accounts - PROGRESSIVE SYSTEMS (U.K.) LIMITED

Abbreviated Company Accounts - PROGRESSIVE SYSTEMS (U.K.) LIMITED

PROGRESSIVE SYSTEMS (U.K.) LIMITED - Company Information

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Registered Number 02732191

PROGRESSIVE SYSTEMS (U.K.) LIMITED

Abbreviated Accounts

31 July 2015

PROGRESSIVE SYSTEMS (U.K.) LIMITED Registered Number 02732191

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 5,939 7,286
5,939 7,286
Current assets
Stocks 1,324 1,324
Debtors 38,432 22,763
Cash at bank and in hand 40,841 28,015
80,597 52,102
Creditors: amounts falling due within one year (82,642) (57,036)
Net current assets (liabilities) (2,045) (4,934)
Total assets less current liabilities 3,894 2,352
Total net assets (liabilities) 3,894 2,352
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,794 2,252
Shareholders' funds 3,894 2,352
  • For the year ending 31 July 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 28 April 2016

And signed on their behalf by:
Mrs L. F. Stewart, Director

PROGRESSIVE SYSTEMS (U.K.) LIMITED Registered Number 02732191

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Tangible fixed assets
£
Cost
At 1 August 2014 18,837
Additions 632
Disposals -
Revaluations -
Transfers -
At 31 July 2015 19,469
Depreciation
At 1 August 2014 11,551
Charge for the year 1,979
On disposals -
At 31 July 2015 13,530
Net book values
At 31 July 2015 5,939
At 31 July 2014 7,286