PHG_CONSULTANCY_LIMITED - Accounts

PHG CONSULTANCY LIMITED - Company Information

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Company Registration No. 07572259 (England and Wales)

PHG CONSULTANCY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

PHG CONSULTANCY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PHG CONSULTANCY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

705

Current assets

Debtors

20,300

20,000

Cash at bank and in hand

19,077

75,672

39,377

95,672

Creditors: amounts falling due within one year

(39,898)

(95,317)

Net current liabilities/(assets)

(521)

355

Total assets less current liabilities

184

355

Capital and reserves

Called up share capital

100

Profit and loss account

255

Shareholders' funds

184

355

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 12 December 2016

Mr P Grocott

Director

Company Registration No. 07572259

PHG CONSULTANCY 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

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Computer equipment

Fixed assets

Tangible assets

Cost

At 1 April 2015

Additions

940

At 31 March 2016

940

Depreciation

At 1 April 2015

Charge for the year

235

At 31 March 2016

235

Net book value

At 31 March 2016

705

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100

Transactions with directors

At the balance sheet date the company owed the director, Mr P Grocott, £35,977 (2015: £86,226). No interest is accruing on this amount.