Prompt Finance Limited


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Registered number: 08730560
Prompt Finance Limited
Abbreviated accounts
For The Year Ended 31 October 2016
Abbreviated Balance Sheet
2016 2015
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 67,810 65,206
67,810 65,206
Creditors: Amounts Falling Due Within One Year (5,498 ) (4,977 )
NET CURRENT ASSETS (LIABILITIES) 62,312 60,229
TOTAL ASSETS LESS CURRENT LIABILITIES 62,312 60,229
NET ASSETS 62,312 60,229
CAPITAL AND RESERVES
Called up share capital 2 2 2
Profit and Loss Account 62,310 60,227
SHAREHOLDERS' FUNDS 62,312 60,229
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.
Directors' responsibilities:
  • 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 abbreviated 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 2015).
On behalf of the board
Mr Max Ashton
29/11/2016
Notes to the Abbreviated Accounts
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2. Share Capital
Value Number 2016 2015
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 2 2 2
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