Premier Executive Chauffeur Services Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06385435 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2013

for

Premier Executive Chauffeur Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

N Ryan

SECRETARY:

Mrs G Ryan

REGISTERED OFFICE:

72 Lairgate

Beverley

East Yorkshire

HU17 8EU

REGISTERED NUMBER:

06385435 (England and Wales)

ACCOUNTANTS:

CBA (Accountants) Ltd

72 Lairgate

Beverley

East Yorkshire

HU17 8EU

FIXED ASSETS

Tangible assets

2

10,493

14,193

CURRENT ASSETS

Debtors

4,001

1,470

CREDITORS

Amounts falling due within one year

14,316

12,284

NET CURRENT LIABILITIES

(10,315

)

(10,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

178

3,379

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

78

3,279

SHAREHOLDERS' FUNDS

178

3,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 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 15 July 2014 and were signed by:

N Ryan - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

and 31 October 2013

17,889

DEPRECIATION

At 1 November 2012

3,696

Charge for year

3,700

At 31 October 2013

7,396

NET BOOK VALUE

At 31 October 2013

10,493

At 31 October 2012

14,193

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2013 and

31 October 2012:

2013

2012

£

£

N Ryan

Balance outstanding at start of year

(746

)

(349

)

Amounts advanced

28,456

41,728

Amounts repaid

(24,946

)

(42,125

)

Balance outstanding at end of year

2,764

(746

)

The following reproduces the text of the report prepared for the director 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 Premier Executive Chauffeur Services Ltd for the year ended 31 October 2013 which comprise

the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Premier Executive Chauffeur Services Ltd in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Premier

Executive Chauffeur Services Ltd and state those matters that we have agreed to state to the director of Premier

Executive Chauffeur Services Ltd in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To

the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

director for our work or for this report.

It is your duty to ensure that Premier Executive Chauffeur Services Ltd has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit

of Premier Executive Chauffeur Services Ltd. You consider that Premier Executive Chauffeur Services Ltd is exempt

from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Premier Executive Chauffeur

Services Ltd. 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

financial statements.

CBA (Accountants) Ltd

72 Lairgate

Beverley

East Yorkshire

HU17 8EU

15 July 2014