Abbreviated Company Accounts - PALLISON CONSULTING LIMITED

PALLISON CONSULTING LIMITED - Company Information

08451116 PALLISON CONSULTING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08451116 2015-04-01 2016-03-31 08451116 2016-03-31 08451116 2015-03-31 08451116 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08451116 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08451116

PALLISON CONSULTING LIMITED

Abbreviated Accounts

31 March 2016

PALLISON CONSULTING LIMITED Registered Number 08451116

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	725	1,303
Investments	3	147,861	100,361
		148,586	101,664
Current assets
Debtors		3,756	35,237
Cash at bank and in hand		349,810	260,694
		353,566	295,931
Creditors: amounts falling due within one year		(51,329)	(68,235)
Net current assets (liabilities)		302,237	227,696
Total assets less current liabilities		450,823	329,360
Total net assets (liabilities)		450,823	329,360
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		450,821	329,358
Shareholders' funds		450,823	329,360

For the year ending 31 March 2016 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 6 September 2016

And signed on their behalf by:
Mr P Allison, Director

PALLISON CONSULTING LIMITED Registered Number 08451116

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

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

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment: 33% on a straight line basis

Other accounting policies
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).

Investments

Fixed Asset investments are stated at cost less provision for diminution in value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,926
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,926
Depreciation
At 1 April 2015	623
Charge for the year	578
On disposals	-
At 31 March 2016	1,201
Net book values
At 31 March 2016	725
At 31 March 2015	1,303

3Fixed assets Investments
Investment additions in year £47,500

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2