P Bailey Services 75 Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08022219 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

P Bailey Services 75 Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Bailey

REGISTERED OFFICE:

C/O GS Pay Solutions Ltd

124 Trinity Street

Gainsborough

Lincolnshire

DN21 1JD

REGISTERED NUMBER:

08022219 (England and Wales)

FIXED ASSETS

Tangible assets

2

394

138

CURRENT ASSETS

Debtors

2,903

3,981

CREDITORS

Amounts falling due within one year

2,873

3,791

NET CURRENT ASSETS

30

190

TOTAL ASSETS LESS CURRENT LIABILITIES

424

328

PROVISIONS FOR LIABILITIES

79

28

NET ASSETS

345

300

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

245

200

SHAREHOLDERS' FUNDS

345

300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 6 December 2016 and were signed by:

P Bailey - 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 services, 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.

Computer equipment - 25% 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 May 2015

595

Additions

525

At 30 April 2016

1,120

DEPRECIATION

At 1 May 2015

457

Charge for year

269

At 30 April 2016

726

NET BOOK VALUE

At 30 April 2016

394

At 30 April 2015

138

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100