Property Information Exchange Limited - Limited company - abbreviated - 11.0.0
Property Information Exchange Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| FOR |
| PROPERTY INFORMATION EXCHANGE LIMITED |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| PROPERTY INFORMATION EXCHANGE LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2013 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 December 2013 |
| The financial statements were approved by the director on |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| Additions |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2013 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the period | - |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | £1.00 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2013 and |
| 31 December 2012: |
| 2013 | 2012 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| The loan outstanding from the director was repaid in full on the 22nd September 2014. |
| PROPERTY INFORMATION EXCHANGE LIMITED (REGISTERED NUMBER: 06029390) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2013 |
| 6. | ACQUISITION |
| The company acquired the entire issued share capital of Brighter Law Limited on 30th September 2012. Immediately after |
| the acquisition all of the assets and trade of Brighter Law Limited have been hived up into Property Information Exchange |
| Limited. |