PRIME PRACTICE MANAGEMENT ADVISORS LIMITED


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Company Registration No. 08722779 (England and Wales)
PRIME PRACTICE MANAGEMENT ADVISORS LIMITED Abbreviated unaudited accounts for the year ended 31 October 2016
PRIME PRACTICE MANAGEMENT ADVISORS LIMITED Abbreviated Balance Sheet as at 31 October 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
625 
325 
Current assets
Debtors
- 
100 
Cash at bank and in hand
40,256 
5,178 
40,256 
5,278 
Creditors: amounts falling due within one year
(66,959)
(31,952)
Net current liabilities
(26,703)
(26,674)
Net liabilities
(26,078)
(26,349)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(26,178)
(26,449)
Total shareholders' funds
(26,078)
(26,349)
For the year ending 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 14 November 2016
ISHFAQ AHMED Director Company Registration No. 08722779
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PRIME PRACTICE MANAGEMENT ADVISORS LIMITED Notes to the Abbreviated Accounts for the year ended 31 October 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
15% RB
2
Tangible fixed assets
Computer equipment 
£ 
Cost
At 1 November 2015
450 
Additions
410 
At 31 October 2016
860 
Depreciation
At 1 November 2015
125 
Charge for the year
110 
At 31 October 2016
235 
Net book value
At 31 October 2016
625 
At 31 October 2015
325 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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