P K E Limited - Abbreviated accounts 16.3

P K E Limited - Abbreviated accounts 16.3

P K E LIMITED - Company Information

Print Friendly Version

07545089 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure075450892015-03-31075450892016-03-31075450892015-04-012016-03-31075450892014-03-31075450892014-04-012015-03-31075450892015-03-3107545089ns12:England2015-04-012016-03-3107545089ns14:PoundSterling2015-04-012016-03-3107545089ns7:Director12015-04-012016-03-3107545089ns7:OrdinaryShareClass12015-04-012016-03-3107545089ns7:Director22015-04-012016-03-3107545089ns7:RegisteredOffice2015-04-012016-03-3107545089ns5:FixturesFittings2015-04-012016-03-3107545089ns5:ComputerEquipment2015-04-012016-03-3107545089ns7:OrdinaryShareClass12016-03-3107545089ns7:OrdinaryShareClass12015-03-31
REGISTERED NUMBER: 07545089 (England and Wales)














P K E LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016






P K E LIMITED (REGISTERED NUMBER: 07545089)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

P K E LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2016







DIRECTORS: P Evans
Mrs K Evans





REGISTERED OFFICE: Churchfield House
36 Vicar Street
Dudley
West Midlands
DY2 8RG





REGISTERED NUMBER: 07545089 (England and Wales)
Page 1
P K E LIMITED (REGISTERED NUMBER: 07545089)

ABBREVIATED BALANCE SHEET
31ST MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 240,000 280,000
Tangible assets 3 433 661
240,433 280,661

CURRENT ASSETS
Debtors 33,570 34,571
Cash at bank and in hand 111,391 90,118
144,961 124,689
CREDITORS
Amounts falling due within one year 70,424 105,449
NET CURRENT ASSETS 74,537 19,240
TOTAL ASSETS LESS CURRENT
LIABILITIES
314,970
299,901

PROVISIONS FOR LIABILITIES 87 132
NET ASSETS 314,883 299,769

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 314,783 299,669
SHAREHOLDERS' FUNDS 314,883 299,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
P K E LIMITED (REGISTERED NUMBER: 07545089)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2016


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 Board of Directors on 7th December 2016 and were signed on its behalf
by:





P Evans - Director


The notes form part of these abbreviated accounts

Page 3
P K E LIMITED (REGISTERED NUMBER: 07545089)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016

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 consists of commissions receivable in the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Deferred tax
Deferred tax is provided to take into account taxation deferred as a result of timing differences between the
treatment of certain items for taxation and accounting purposes. In general deferred taxation is recognised in
respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred
taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which
the timing differences reverse.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2015
and 31st March 2016 400,000
AMORTISATION
At 1st April 2015 120,000
Amortisation for year 40,000
At 31st March 2016 160,000
NET BOOK VALUE

At 31st March 2016 240,000
At 31st March 2015 280,000

Page 4 continued...
P K E LIMITED (REGISTERED NUMBER: 07545089)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2015
and 31st March 2016 1,288
DEPRECIATION
At 1st April 2015 627
Charge for year 228
At 31st March 2016 855
NET BOOK VALUE
At 31st March 2016 433
At 31st March 2015 661

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 5