Per4mance Insight Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08330178 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Per4mance Insight Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

CURRENT ASSETS

Debtors

1,429

6,735

Cash at bank

977

62

2,406

6,797

CREDITORS

Amounts falling due within one year

2,749

6,102

NET CURRENT (LIABILITIES)/ASSETS

(343

)

695

TOTAL ASSETS LESS CURRENT LIABILITIES

(343

)

695

CAPITAL AND RESERVES

Called up share capital

2

500

500

Profit and loss account

(843

)

195

SHAREHOLDERS' FUNDS

(343

)

695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 September 2016 and were signed by:

Miss E L Haslam - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

Going concern

The balance sheet at the end of year recorded net liabilities. However, the director believes that sufficient finance is available to the

company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going

concern basis.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

500

Ordinary

£1

500

500

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2015 and 31 December 2014:

2015

2014

£

£

Miss E L Haslam

Balance outstanding at start of year

4,298

8,326

Amounts advanced

-

87

Amounts repaid

(5,847

)

(4,115

)

Balance outstanding at end of year

(1,549

)

4,298

Interest is charged on all loans at the official rate of interest set by HMRC. The loan is re-payable on demand.