Paul Charles Recruitment Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04153466 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

PAUL CHARLES RECRUITMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S L Hilsum

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

04153466 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

463

Tangible assets

2

253

CURRENT ASSETS

35,128

Debtors

36,614

-

Cash at bank

1,047

35,128

37,661

CREDITORS

32,657

Amounts falling due within one year

29,200

2,471

NET CURRENT ASSETS

8,461

2,934

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,714

CREDITORS

-

Amounts falling due after more than one
year

6,600

2,934

NET ASSETS

2,114

CAPITAL AND RESERVES

100

Called up share capital

3

100

2,834

Profit and loss account

2,014

2,934

SHAREHOLDERS' FUNDS

2,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 20 September 2016 and were signed by:

S L Hilsum - 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 amounts invoiced for services provided, net of 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.

Computer equipment

-

20% on cost

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 April 2015

and 31 March 2016

5,745

DEPRECIATION

At 1 April 2015

5,282

Charge for year

210

At 31 March 2016

5,492

NET BOOK VALUE

At 31 March 2016

253

At 31 March 2015

463

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100

4.	DIRECTORS LOAN ACCOUNT

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

S L Hilsum

Balance outstanding at start of year

8,594

5,675

Amounts advanced

4,613

2,919

Amounts repaid

-

Balance outstanding at end of year

13,207

8,594