Pramod IT Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05529494 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015

FOR

PRAMOD IT SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Botlagudur

REGISTERED OFFICE:

1st Option House

Bow Court

Coventry

West Midlands

CV5 6SP

BUSINESS ADDRESS:

2 Cassandra Grove

Heathcote

Warwick

CV34 6XD

REGISTERED NUMBER:

05529494 (England and Wales)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

FIXED ASSETS

Tangible assets

2

124

183

CURRENT ASSETS

Debtors

46,843

20,878

Cash at bank

9,162

1,810

56,005

22,688

CREDITORS

Amounts falling due within one year

19,043

13,083

NET CURRENT ASSETS

36,962

9,605

TOTAL ASSETS LESS CURRENT LIABILITIES

37,086

9,788

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

36,986

9,688

SHAREHOLDERS' FUNDS

37,086

9,788

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 August 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 31 May 2016 and were signed by:

Mr P Botlagudur - 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 the net invoiced sales of services, excluding value added tax, and after adjustment for the movement

in work in progress.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

434

DEPRECIATION

At 1 September 2014

251

Charge for year

59

At 31 August 2015

310

NET BOOK VALUE

At 31 August 2015

124

At 31 August 2014

183

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2015 and 31 August 2014:

31.8.15

31.8.14

£

Mr P Botlagudur

Balance outstanding at start of year

20,878

-

Amounts advanced

25,964

20,878

Amounts repaid

-

Balance outstanding at end of year

46,842

20,878