Peter Kay Consultants Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08710985 (England and Wales)

Abbreviated Accounts for the Year Ended 30 November 2015

for

Peter Kay Consultants Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Kay

REGISTERED OFFICE:

69 High Hazel Drive

Mansfield Woodhouse

Mansfield

Nottinghamshire

NG19 7GF

REGISTERED NUMBER:

08710985 (England and Wales)

FIXED ASSETS

Tangible assets

2

17,288

14,697

CURRENT ASSETS

Debtors

15,945

8,883

Cash at bank

56,215

45,795

72,160

54,678

CREDITORS

Amounts falling due within one year

20,459

29,987

NET CURRENT ASSETS

51,701

24,691

TOTAL ASSETS LESS CURRENT
LIABILITIES

68,989

39,388

PROVISIONS FOR LIABILITIES

3,458

2,939

NET ASSETS

65,531

36,449

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

65,530

36,448

SHAREHOLDERS' FUNDS

65,531

36,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 August 2016 and were signed by:

P Kay - 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 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.

Plant and machinery etc

-

25% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

19,596

Additions

7,609

At 30 November 2015

27,205

DEPRECIATION

At 1 December 2014

4,899

Charge for year

5,018

At 30 November 2015

9,917

NET BOOK VALUE

At 30 November 2015

17,288

At 30 November 2014

14,697

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director, Mr P Kay, introduced funds to and withdrew funds from the company by way of a

director's loan account. At the year end the company owed the director £371 (2014 : £12,790) and this amount

is included in creditors.