Abbreviated Company Accounts - PRECIPUUS LTD

08762762 PRECIPUUS LTD 2015-11-30 false 2014-12-01 2015-11-30 true 08762762 2014-12-01 2015-11-30 08762762 2015-11-30 08762762 2014-11-30 08762762 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 08762762 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-11-30 iso4217:GBP shares

Registered Number 08762762

PRECIPUUS LTD

Abbreviated Accounts

30 November 2015

PRECIPUUS LTD Registered Number 08762762

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Current assets
Cash at bank and in hand		122,109	100,066
		122,109	100,066
Creditors: amounts falling due within one year		(107,285)	(94,826)
Net current assets (liabilities)		14,824	5,240
Total assets less current liabilities		14,824	5,240
Total net assets (liabilities)		14,824	5,240
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		14,822	5,238
Shareholders' funds		14,824	5,240

For the year ending 30 November 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 August 2016

And signed on their behalf by:
Mr W J Malik, Director

PRECIPUUS LTD Registered Number 08762762

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the gross total invoice value, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Pensions :
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

Foreign currencies :
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary share of £1 each	1	1
1 B Ordinary shares of £1 each	1	1