PMX Design Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04656054 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 29 FEBRUARY 2016

FOR

PMX DESIGN CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P G Millman

SECRETARY:

K F Millman

REGISTERED OFFICE:

1 Swan Wood Park

Gun Hill

Horam

East Sussex

TN21 0LL

REGISTERED NUMBER:

04656054 (England and Wales)

ACCOUNTANTS:

Aequitas Limited

1 Swan Wood Park

Gun Hill

Horam

East Sussex

TN21 0LL

CURRENT ASSETS

Stocks

-

3,155

Debtors

3,752

720

3,752

3,875

CREDITORS

Amounts falling due within one year

9,760

17,976

NET CURRENT LIABILITIES

(6,008

)

(14,101

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,008

)

(14,101

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(6,108

)

(14,201

)

SHAREHOLDERS' FUNDS

(6,008

)

(14,101

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 November 2016 and were signed by:

P G Millman - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.2.16

28.2.15

value:

£

100

Ordinary

1

100

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2016

and 28 February 2015:

29.2.16

28.2.15

£

P G Millman

Balance outstanding at start of year

-

1,465

Amounts repaid

-

(1,465

)

Balance outstanding at end of year

3,512

-