Peak Performance Development (Uk) Ltd. - Abbreviated accounts 16.3

REGISTERED NUMBER: 05027154 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Peak Performance Development (Uk) Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R D Parker

Mrs S J Parker

SECRETARY:

Mrs S J Parker

REGISTERED OFFICE:

Riversdale

Ashburton Road

TOTNES

Devon

TQ9 5JU

REGISTERED NUMBER:

05027154 (England and Wales)

ACCOUNTANTS:

W R Frost & Co

Riversdale

Ashburton Road

TOTNES

Devon

TQ9 5JU

FIXED ASSETS

Tangible assets

2

1,271

1,235

Investments

3

10,000

11,271

11,235

CURRENT ASSETS

Cash at bank and in hand

496

4,816

CREDITORS

Amounts falling due within one year

2,952

1,893

NET CURRENT (LIABILITIES)/ASSETS

(2,456

)

2,923

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,815

14,158

CAPITAL AND RESERVES

Called up share capital

4

2

1

Profit and loss account

8,813

14,157

SHAREHOLDERS' FUNDS

8,815

14,158

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 October 2016 and were signed on its behalf by:

R D Parker - 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 net invoiced sales of services, excluding 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.

Plant and machinery

-

10% on reducing balance

Computer equipment

-

33% on reducing balance

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 June 2015

3,030

Additions

459

At 31 May 2016

3,489

DEPRECIATION

At 1 June 2015

1,795

Charge for year

423

At 31 May 2016

2,218

NET BOOK VALUE

At 31 May 2016

1,271

At 31 May 2015

1,235

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2015

and 31 May 2016

10,000

NET BOOK VALUE

At 31 May 2016

10,000

At 31 May 2015

10,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary A Voting

£1

1

Ordinary B Non Voting

£1

1

-

2

1