PUBLIC_SERVICES_DIGITAL_L - Accounts

PUBLIC SERVICES DIGITAL LIMITED - Company Information

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Company Registration No. 07055366 (England and Wales)

PUBLIC SERVICES DIGITAL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

PUBLIC SERVICES DIGITAL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PUBLIC SERVICES DIGITAL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

3,534

13,594

Investments

964

4,498

14,558

Current assets

Debtors

19,835

28,540

Cash at bank and in hand

21,361

14,326

41,196

42,866

Creditors: amounts falling due within one year

(29,657)

(38,579)

Net current assets

11,539

4,287

Total assets less current liabilities

16,037

18,845

16,037

18,845

Capital and reserves

Called up share capital

Profit and loss account

16,036

18,844

Shareholders' funds

16,037

18,845

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 December 2016

Mr D Jones

Director

Company Registration No. 07055366

PUBLIC SERVICES DIGITAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

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).

1.2

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).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT ..

1.4

Tangible fixed assets and depreciation

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

25% on cost

Motor vehicles

25% on cost

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

PUBLIC SERVICES DIGITAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 April 2015

29,279

964

30,243

Additions

3,844

Disposals

(26,880)

At 31 March 2016

6,243

964

7,207

Depreciation

At 1 April 2015

15,683

On disposals

(15,104)

Charge for the year

2,130

At 31 March 2016

2,709

Net book value

At 31 March 2016

3,534

964

4,498

At 31 March 2015

13,594

964

14,558

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary of £1 each