Paul Houghton Mediation Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07998867 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Paul Houghton Mediation Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S P Houghton

Ms. P J Dickman

SECRETARY:

Ms. P J Dickman

REGISTERED OFFICE:

BCL House

2 Pavilion Business Park

Royds Hall Road

LEEDS

West Yorkshire

LS12 6AJ

REGISTERED NUMBER:

07998867 (England and Wales)

ACCOUNTANTS:

BCL Accountants Ltd

BCL House

2 Pavilion Business Park

Royds Hall Road

LEEDS

LS12 6AJ

FIXED ASSETS

Tangible assets

2

2,059

3,230

CURRENT ASSETS

Debtors

13,580

15,503

Cash at bank

92,682

123,991

106,262

139,494

CREDITORS

Amounts falling due within one year

20,683

37,377

NET CURRENT ASSETS

85,579

102,117

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,638

105,347

PROVISIONS FOR LIABILITIES

412

646

NET ASSETS

87,226

104,701

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

87,126

104,601

SHAREHOLDERS' FUNDS

87,226

104,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 20 June 2016 and were signed on its behalf by:

S P Houghton - 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 services, 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33.3333% on cost

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

6,272

Additions

579

At 31 March 2016

6,851

DEPRECIATION

At 1 April 2015

3,042

Charge for year

1,750

At 31 March 2016

4,792

NET BOOK VALUE

At 31 March 2016

2,059

At 31 March 2015

3,230

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

S P Houghton and Ms. P J Dickman

Balance outstanding at start of year

(987

)

(10,355

)

Amounts advanced

92,813

92,533

Amounts repaid

(92,988

)

(83,165

)

Balance outstanding at end of year

(1,162

)

(987

)