ACCOUNTS - Final Accounts preparation


07679740 PRIDEAUX ASSOCIATES LIMITED 2015-07-01 2016-06-30 false true 2016-06-30 07679740 2015-07-01 2016-06-30 07679740 2016-06-30 07679740 2015-06-30 07679740 c:FixturesFittingsToolsEquipment 2015-07-01 2016-06-30 07679740 d:OrdinaryShareClass1 2016-06-30 07679740 d:OrdinaryShareClass1 2015-06-30 07679740 d:OrdinaryShareClass1 2015-07-01 2016-06-30 07679740 d:Director1 2015-07-01 2016-06-30 07679740 c:OfficeEquipment 2015-07-01 2016-06-30 07679740 c:OtherTangibleFixedAssets 2015-07-01 2016-06-30 xbrli:shares iso4217:GBP
Registered number: 07679740














PRIDEAUX ASSOCIATES LIMITED




UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

 
PRIDEAUX ASSOCIATES LIMITED
REGISTERED NUMBER: 07679740

ABBREVIATED BALANCE SHEET
AS AT 30 JUNE 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
3,823
3,718
 
CURRENT ASSETS





 
Debtors
34,441
18,401

 
Cash at bank

243,569
239,965







 
278,010
258,366
 
CREDITORS: amounts falling due within one year
(54,862)
(52,151)
 
NET CURRENT ASSETS


223,148

206,215
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 226,971

 209,933
  
CAPITAL AND RESERVES

 
Called up share capital
3
100
100
 
Profit and loss account
226,871
209,833
 
SHAREHOLDERS' FUNDS
 

 226,971

 209,933


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 June 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.


The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 





Ms V C Rock
Director

Date: 17 December 2016

The notes on page 2 form part of these financial statements.

Page 1

 
PRIDEAUX ASSOCIATES LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings
-
15% reducing balance
Office equipment
-
20% reducing balance
Other fixed assets
-
5 year straight line


2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 July 2015
6,108

Additions
981


At 30 June 2016

7,089



Depreciation


At 1 July 2015
2,390

Charge for the year
876


At 30 June 2016

3,266




Net book value


At 30 June 2016
 3,823


At 30 June 2015

 3,718


3.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100

Page 2