Purcell Stuart Self Assessment Specialists Ltd,Ltd - Accounts

PURCELL STUART SELF ASSESSMENT SPECIALISTS LIMITED - Company Information

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Purcell Stuart Self Assessment Specialists Ltd

For the year ended 31 March 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 04365625

Contents Page

Purcell Stuart Self Assessment Specialists Ltd

For the year ended 31 March 2016

Accountants' Report

Balance Sheet

3 to 4

Notes to the Abbreviated Financial Statements

Purcell Stuart Self Assessment Specialists Ltd

Chartered Accountants' Report

For the year ended 31 March 2016

Chartered Accountants' Report to the Board of Directors

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Purcell Stuart Self Assessment Specialists Ltd for the year ended 31 March 2016 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its

ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Purcell Stuart Self Assessment Specialists Ltd, as a body, in

accordance with the terms of our engagement letter dated 28 August 2010. Our work has been undertaken solely

to prepare for your approval the accounts of Purcell Stuart Self Assessment Specialists Ltd and state those matters

that we have agreed to state to the Board of Directors of Purcell Stuart Self Assessment Specialists Ltd, as a body,

in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by

law, we do not accept or assume responsibility to anyone other than Purcell Stuart Self Assessment Specialists Ltd

and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Purcell Stuart Self Assessment Specialists Ltd has kept adequate accounting records

to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of

Purcell Stuart Self Assessment Specialists Ltd. You consider that Purcell Stuart Self Assessment Specialists Ltd is

exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Purcell Stuart Self Assessment

Specialists Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

accounts.

S F Brocklehurst & Co

Forest Lodge

Forest Road

Pyrford

Surrey

GU22 8NA

06 September 2016

Dated:

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Abbreviated Balance Sheet

Purcell Stuart Self Assessment Specialists Ltd

As at 31 March 2016

04365625

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

403

1,202

403

1,202

Current assets

Debtors

390

Cash at bank and in hand

28,719

23,948

28,719

24,338

Creditors: amounts falling due within one year

(5,367)

(18,942)

18,971

9,777

Net current assets

Total assets less current liabilities

10,180

20,173

10,180

Net assets

20,173

Capital and reserves

Called up share capital

100

Profit and loss account

10,080

20,073

10,180

20,173

Shareholders funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 06 September 2016

R M A Purcell Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Purcell Stuart Self Assessment Specialists Ltd

For the year ended 31 March 2016

1 Accounting Policies

Basis of accounting

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Straight line

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

5,280

At 01 April 2015

At 31 March 2016

5,280

Depreciation

4,078

At 01 April 2015

799

Charge for year

4,877

At 31 March 2016

Net book values

At 31 March 2016

403

1,202

At 31 March 2015

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Notes to the Abbreviated Financial Statements

Purcell Stuart Self Assessment Specialists Ltd

For the year ended 31 March 2016

Debtors include an amount of £0 (2015: £390) falling due after more than one year

3 Debtors:

4 Share capital

Allotted called up and fully paid

2016

2015

100 Ordinary shares of £1.00 each

100

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