Index PI Group Limited - Abbreviated accounts 16.1
Index PI Group Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2016 |
| for |
| Index PI Group Limited |
| Index PI Group Limited (Registered number: 06194515) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountant | 5 |
| Index PI Group Limited |
| Company Information |
| for the Year Ended 31 March 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| t/a R J Woods & Co |
| Index PI Group Limited (Registered number: 06194515) |
| Abbreviated Balance Sheet |
| 31 March 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| 300 | 300 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| Index PI Group Limited (Registered number: 06194515) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Index PI Group Limited as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Profit/(loss) for the year | ( |
) |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| (Loss)/profit for the year | ( |
) |
| Index PI Group Limited (Registered number: 06194515) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2016 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | RELATED PARTY DISCLOSURES |
| Dividends paid in the year include £277,560 (2015: £190,470) paid to the directors, of which £75,370 (2015: |
| £67,240) was paid to Mr D C S Staple, £72,030 (2015: £30,000) was paid to Mrs L J Staple, £65,080 (2015: |
| £46,615) was paid to Mr S P Lucking and £65,080 (2015: £46,615) was paid to Mrs A M Lucking. |
| At the Balance Sheet date dividends declared but not paid amounted £61,482 (2015: £91,042) of which £8,908 |
| (2015: £22,278) is payable to Mr D C S Staple, £50,928 (2015: £60,958) to Mrs L J Staple, £823 (2015:£3,903) |
| to Mr S P Lucking and £823 (2015: £3,903) to Mrs A M Lucking. |
| 5. | ULTIMATE CONTROLLING PARTY |
| The Directors as a body own and control the entire issued share capital. However, taking into consideration |
| connected parties, no one director or connected directors has overall control. |
| Index PI Group Limited |
| Report of the Accountant to the Directors of |
| Index PI Group Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Index PI Group Limited, which comprise the Profit and Loss Account, the Balance Sheet and the |
| related notes, for the year ended 31 March 2016, as set out on pages 3 - 7 from the company's accounting records and |
| from information and explanations you have given us. |
| As a practising member of the Association of Accounting Technicians, we are subject to its ethical and other |
| professional requirements which are detailed at www.aat.org.uk. |
| This report is made solely to the Board of Directors of Index PI Group Limited, as a body, in accordance with the terms |
| of our engagement letter dated 10 February 2011. Our work has been undertaken solely to prepare for your approval the |
| accounts and state those matters that we have agreed to state to the Board of Directors of Index PI Group Limited, as a |
| body in this report, in accordance with the requirements of the Association of Accounting Technicians as detailed at |
| www.aat.org.uk. To the fullest extent permitted by law we do not accept or assume responsibility to anyone other than |
| Index PI Group Limited and its Board of Directors as a body for our work or for this report. |
| On behalf of the board, you have acknowledged that it is your duty to ensure that the company has kept adequate |
| accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial |
| position and profit or loss of Index PI Group Limited. You consider that the company is exempt from the statutory audit |
| requirement for the year ended 31 March 2016. |
| We have not been instructed to carry out an audit or review of the accounts of Index PI Group Limited. For this reason |
| we have not verified the accuracy or completeness of the accounting records or information and explanations you have |
| given to us and we do not, therefore, express any opinion on the statutory accounts. |
| t/a R J Woods & Co |
| 25 May 2016 |