Prodigio Design Limited - Abbreviated accounts 16.3

Prodigio Design Limited - Abbreviated accounts 16.3

PRODIGIO DESIGN LIMITED - Company Information

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REGISTERED NUMBER: 06540512 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

PRODIGIO DESIGN LIMITED

PRODIGIO DESIGN LIMITED (REGISTERED NUMBER: 06540512)

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










Page

Company Information 1

Chartered Certified Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

PRODIGIO DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTORS: C J Pett
M C Sydenham





SECRETARY: M C Sydenham





REGISTERED OFFICE: 2 Lake End Court
Taplow Road
Taplow
Maidenhead
Berkshire
SL6 0JQ





REGISTERED NUMBER: 06540512 (England and Wales)





ACCOUNTANTS: Stiles & Company
Chartered Certified Accountants
2 Lake End Court
Taplow
Maidenhead
Berkshire
SL6 0JQ
Page 1
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PRODIGIO DESIGN LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Prodigio Design Limited for the year ended 31 March 2016 which comprise the Profit and Loss
Account, the Balance Sheet, and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Prodigio Design Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Prodigio Design Limited and state those matters that we have agreed to state to the Board of Directors of Prodigio Design Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Prodigio Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prodigio Design Limited. You consider that Prodigio Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Prodigio Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stiles & Company
Chartered Certified Accountants
2 Lake End Court
Taplow
Maidenhead
Berkshire
SL6 0JQ


20 December 2016

This page does not form part of the abbreviated accounts

Page 2
PRODIGIO DESIGN LIMITED (REGISTERED NUMBER: 06540512)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 266,136 4,178

CURRENT ASSETS
Stocks 50,325 59,022
Debtors 164,892 42,308
Cash at bank and in hand 314,123 249,032
529,340 350,362
CREDITORS
Amounts falling due within one year 246,069 130,469
NET CURRENT ASSETS 283,271 219,893
TOTAL ASSETS LESS CURRENT
LIABILITIES
549,407
224,071

CREDITORS
Amounts falling due after more than one
year
3
(144,826
)
-

PROVISIONS FOR LIABILITIES (643 ) -
NET ASSETS 403,938 224,071

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 403,838 223,971
SHAREHOLDERS' FUNDS 403,938 224,071

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 3 continued...
PRODIGIO DESIGN LIMITED (REGISTERED NUMBER: 06540512)

ABBREVIATED BALANCE SHEET - continued
31 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 20 December 2016 and were signed on its behalf
by:




M C Sydenham - Director



C J Pett - Director


The notes form part of these abbreviated accounts

Page 4
PRODIGIO DESIGN LIMITED (REGISTERED NUMBER: 06540512)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 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 represents net invoiced sales of goods, excluding value added tax.

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

Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 18,692
Additions 265,190
At 31 March 2016 283,882
DEPRECIATION
At 1 April 2015 14,514
Charge for year 3,232
At 31 March 2016 17,746
NET BOOK VALUE
At 31 March 2016 266,136
At 31 March 2015 4,178

Page 5 continued...
PRODIGIO DESIGN LIMITED (REGISTERED NUMBER: 06540512)

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


3. CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16 31.3.15
£    £   
Repayable by instalments 119,326 -

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ordinary 1 100 100

Page 6