Perseus Risk Management Limited - Limited company accounts 16.1
Perseus Risk Management Limited - Limited company accounts 16.1
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Year Ended 30 November 2015 |
| for |
| Perseus Risk Management Limited |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2015 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| Perseus Risk Management Limited |
| Company Information |
| for the Year Ended 30 November 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Report of the Directors |
| for the Year Ended 30 November 2015 |
| The directors present their report with the financial statements of the company for the year ended 30 November 2015. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of specialist close protection training. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 December 2014 to the date of this |
| report. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to |
| small companies. |
| ON BEHALF OF THE BOARD: |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Profit and Loss Account |
| for the Year Ended 30 November 2015 |
| 30.11.15 | 30.11.14 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| (87,001 | ) | 944 |
| Other operating income |
| OPERATING (LOSS)/PROFIT and |
| (LOSS)/PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
2 |
( |
) |
| Tax on (loss)/profit on ordinary activities | 3 |
| (LOSS)/PROFIT FOR THE FINANCIAL YEAR |
( |
) |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Balance Sheet |
| 30 November 2015 |
| 30.11.15 | 30.11.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 | ( |
) |
| 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 by: |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2015 |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | OPERATING (LOSS)/PROFIT |
| The operating loss (2014 - operating profit) is stated after charging: |
| 30.11.15 | 30.11.14 |
| £ | £ |
| Depreciation - owned assets |
| Loss on disposal of fixed assets |
| Directors' remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the loss on ordinary activities for the year was as follows: |
| 30.11.15 | 30.11.14 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| No description | 46 | - |
| Tax on (loss)/profit on ordinary activities |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2015 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 December 2014 |
| Additions |
| At 30 November 2015 |
| DEPRECIATION |
| At 1 December 2014 |
| Charge for year |
| At 30 November 2015 |
| NET BOOK VALUE |
| At 30 November 2015 |
| At 30 November 2014 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.15 | 30.11.14 |
| £ | £ |
| Trade debtors | 41,588 | 5,191 |
| Other debtors | 12,524 | 28,124 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.15 | 30.11.14 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT |
| Barclaycard |
| Other creditors | 28,474 | - |
| Accruals and deferred income |
| Accrued expenses | - | 2,829 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.15 | 30.11.14 |
| value: | £ | £ |
| ordinary | 1 |
| Perseus Risk Management Limited (Registered number: 07069032) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2015 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 December 2014 |
| Deficit for the year | ( |
) |
| At 30 November 2015 | ( |
) |
| 9. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |