Accounts filed on 30-04-2016

Accounts filed on 30-04-2016

PCMS BLINDS LTD - Company Information

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PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Company Registration Number:
06215862 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 May 2015

End date: 30 April 2016

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Abbreviated Balance sheet

As at 30 April 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 2 145,314 158,527
Tangible assets: 3 11,081 8,341
Total fixed assets: 156,395 166,868
Current assets
Stocks: 5,897 6,500
Debtors: 285,389 324,155
Cash at bank and in hand: 0 0
Total current assets: 291,286 330,655
Creditors: amounts falling due within one year: ( 350,162 ) ( 459,187 )
Net current assets (liabilities): ( 58,876 ) ( 128,532 )
Total assets less current liabilities: 97,519 38,336
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 97,519 38,336

The notes form part of these financial statements

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Balance sheet continued

As at 30 April 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 4 300 300
Revaluation reserve: 0 0
Profit and loss account: 97,219 38,036
Shareholders funds: 97,519 38,336

For the year ending 30 April 2016 the company was entitled to exemption 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 directors acknowledge their 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.

The financial statements were approved by the Board of Directors on 03 November 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: William Fewtrell
Status: Director

The notes form part of these financial statements

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and are in accordance with applicable accounting standards. The following principal accounting policies have been applied

    Turnover policy

    Turnover represents services to external customers at invoiced amounts less value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets, over their expected useful lives. It is calculated at the following rates.

    Intangible fixed assets amortisation policy

    Goodwill arising on the acquisition of a business undertaking is the difference between the fair value of the consideration paid and the fair value of identifiable assets acquired. It is capitalised and amortised evenly through the profit and loss account over the directors’ estimate of its useful economic life of 20 years. Impairment tests on the carrying value of goodwill are undertaken: • at the end of the first full financial year following acquisition; • in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 2. Intangible assets

    Total
    Cost £
    01 May 2015: 264,275
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 April 2016: 264,275
    Amortisation
    01 May 2015: 105,748
    Provided during the period: 13,213
    On disposals: 0
    Other Adjustments: 0
    30 April 2016: 118,961
    Net book value
    30 April 2016: 145,314
    30 April 2015: 158,527

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 3. Tangible assets

    Total
    Cost £
    01 May 2015: 122,802
    Additions: 5,240
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 April 2016: 128,042
    Depreciation
    01 May 2015: 114,461
    Charge for year: 2,500
    On disposals: 0
    Other adjustments: 0
    30 April 2016: 116,961
    Net book value
    30 April 2016: 11,081
    30 April 2015: 8,341

PROSPECT CARPET MAINTENANCE SERVICES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,200 0.25 300
    Preference shares: 0 0.00 0
    Total share capital (£): 300
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,200 0.25 300
    Preference shares: 0 0.00 0
    Total share capital (£): 300