Abbreviated Company Accounts - PERFORMANCE MATTERS LIMITED

PERFORMANCE MATTERS LIMITED - Company Information

07817105 PERFORMANCE MATTERS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07817105 2015-04-01 2016-03-31 07817105 2016-03-31 07817105 2015-03-31 07817105 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07817105 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07817105

PERFORMANCE MATTERS LIMITED

Abbreviated Accounts

31 March 2016

PERFORMANCE MATTERS LIMITED Registered Number 07817105

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1	666
		1	666
Current assets
Debtors		22,100	-
Cash at bank and in hand		117,141	70,752
		139,241	70,752
Creditors: amounts falling due within one year		(1,223)	(4,228)
Net current assets (liabilities)		138,018	66,524
Total assets less current liabilities		138,019	67,190
Total net assets (liabilities)		138,019	67,190
Capital and reserves
Called up share capital	3	10	5
Profit and loss account		138,009	67,185
Shareholders' funds		138,019	67,190

For the year ending 31 March 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.

Approved by the Board on 28 November 2016

And signed on their behalf by:
Mr Gordon Downey, Director

PERFORMANCE MATTERS LIMITED Registered Number 07817105

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 33.3% straight line

Other accounting policies
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,992
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,992
Depreciation
At 1 April 2015	1,326
Charge for the year	665
On disposals	-
At 31 March 2016	1,991
Net book values
At 31 March 2016	1
At 31 March 2015	666

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10 Ordinary shares of £1 each (5 shares for 2015)	10	5

5 Ordinary shares of £ 1 each were issued during the year ended 31 March 2016