PROSPECT_33_CONSULTING_LI - Accounts

PROSPECT 33 CONSULTING LIMITED - Company Information

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Company Registration No. 07408040 (England and Wales)

PROSPECT 33 CONSULTING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

PROSPECT 33 CONSULTING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PROSPECT 33 CONSULTING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Current assets

Debtors

863,166

527,745

Cash at bank and in hand

328,393

101,671

1,191,559

629,416

Creditors: amounts falling due within one year

(421,136)

(95,957)

Total assets less current liabilities

770,423

533,459

Capital and reserves

Called up share capital

500

Profit and loss account

769,923

532,959

Shareholders' funds

770,423

533,459

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 6 September 2016

Mr D Lewinsohn

Director

Company Registration No. 07408040

PROSPECT 33 CONSULTING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary of £500 each

500