PaperRocket Accounting Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08193064 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

PaperRocket Accounting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss S Solo

SECRETARY:

REGISTERED OFFICE:

1st Floor Venture House

6 Silver Court

Watchmead

Welwyn Garden City

Hertfordshire

AL7 1TS

REGISTERED NUMBER:

08193064 (England and Wales)

ACCOUNTANTS:

PaperRocket Accounting Ltd

1st Floor Venture House

6 Silver Court

Watchmead

Welwyn Garden City

Hertfordshire

AL7 1TS

FIXED ASSETS

Tangible assets

2

831

1,232

CURRENT ASSETS

Debtors

2,653

9,804

Cash at bank

30,181

24,827

32,834

34,631

CREDITORS

Amounts falling due within one year

21,687

18,298

NET CURRENT ASSETS

11,147

16,333

TOTAL ASSETS LESS CURRENT LIABILITIES

11,978

17,565

CREDITORS

Amounts falling due after more than one year

872

872

NET ASSETS

11,106

16,693

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

11,096

16,683

SHAREHOLDERS' FUNDS

11,106

16,693

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

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

Miss S Solo - 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 goods, 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 etc

-

33% on cost

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 September 2015

2,681

Additions

550

At 31 August 2016

3,231

DEPRECIATION

At 1 September 2015

1,449

Charge for year

951

At 31 August 2016

2,400

NET BOOK VALUE

At 31 August 2016

831

At 31 August 2015

1,232

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

10

Ordinary

1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31 August 2015:

31.8.16

31.8.15

£

£

Miss S Solo

Balance outstanding at start of year

2,578

1,490

Amounts advanced

-

3,497

Amounts repaid

(2,578

)

(2,409

)

Balance outstanding at end of year

-

2,578