Pearl_Cleaning_Solutions_ - Accounts

PARAMOUNT MAINTENANCE LONDON LIMITED - Company Information

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Company Registration No. 06947774 (England and Wales)

Pearl Cleaning Solutions Limited

T/A: Paramount Maintenance

Unaudited abbreviated financial statements

For the year ended 30 December 2015

PEARL CLEANING SOLUTIONS LIMITED

T/A: PARAMOUNT MAINTENANCE

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

PEARL CLEANING SOLUTIONS LIMITED

T/A: PARAMOUNT MAINTENANCE

ABBREVIATED BALANCE SHEET

AS AT

30 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

29,119

37,511

Current assets

Stocks

5,320

4,596

Debtors

82,809

63,589

Cash at bank and in hand

7,671

49,618

95,800

117,803

Creditors: amounts falling due within one year

(89,484)

(113,385)

Net current assets

6,316

4,418

Total assets less current liabilities

35,435

41,929

Creditors: amounts falling due after more than one year

(13,721)

(21,114)

21,714

20,815

Capital and reserves

Called up share capital

1,000

Profit and loss account

20,714

19,815

Shareholders' funds

21,714

20,815

PEARL CLEANING SOLUTIONS LIMITED

T/A: PARAMOUNT MAINTENANCE

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 DECEMBER 2015

- 2 -

For the financial year ended 30 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 10 May 2016

S Lawrence

Director

Company Registration No. 06947774

PEARL CLEANING SOLUTIONS LIMITED

T/A: PARAMOUNT MAINTENANCE

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 DECEMBER 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% straight line

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

Fixed assets

Tangible assets

Cost

At 31 December 2014 & at 30 December 2015

61,123

Depreciation

At 31 December 2014

23,612

Charge for the year

8,392

At 30 December 2015

32,004

Net book value

At 30 December 2015

29,119

At 30 December 2014

37,511

PEARL CLEANING SOLUTIONS LIMITED

T/A: PARAMOUNT MAINTENANCE

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 DECEMBER 2015

- 4 -

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000