Abbreviated Company Accounts - P & I ASSOCIATES LTD

P & I ASSOCIATES LTD - Company Information

04967252 P & I ASSOCIATES LTD 2016-03-31 false 2015-04-01 2016-03-31 true 04967252 2015-04-01 2016-03-31 04967252 2016-03-31 04967252 2015-03-31 04967252 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04967252 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04967252

P & I ASSOCIATES LTD

Abbreviated Accounts

31 March 2016

P & I ASSOCIATES LTD Registered Number 04967252

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	540	810
		540	810
Current assets
Debtors		17,948	12,079
Cash at bank and in hand		3,978	3,845
		21,926	15,924
Creditors: amounts falling due within one year		(17,106)	(14,197)
Net current assets (liabilities)		4,820	1,727
Total assets less current liabilities		5,360	2,537
Total net assets (liabilities)		5,360	2,537
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		5,260	2,437
Shareholders' funds		5,360	2,537

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 December 2016

And signed on their behalf by:
Mr I Sandison, Director

P & I ASSOCIATES LTD Registered Number 04967252

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office equipment 25% straight line
Motor vehicle 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,852
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	4,852
Depreciation
At 1 April 2015	4,042
Charge for the year	270
On disposals	-
At 31 March 2016	4,312
Net book values
At 31 March 2016	540
At 31 March 2015	810

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100