METIER-MCD_LIMITED - Accounts
METIER-MCD_LIMITED - Accounts
(TRADING AS PB COACHING)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
Company Registration No. 05959058 (England and Wales)
(TRADING AS PB COACHING)
COMPANY INFORMATION
Directors
Company number
Registered office
Accountants
Business address
3 Albion Place
Leeds
LS1 6JL
Bankers
HSBC Bank PLC
91 High Street
Brentwood
Essex
CM14 4RU
(TRADING AS PB COACHING)
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
(TRADING AS PB COACHING)
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(467,724 )
(444,099 )
Net current liabilities
(171,021 )
(105,091 )
Total assets less current liabilities
(147,484 )
(97,147 )
Capital and reserves
Called up share capital
3
Share premium account
Profit and loss account
(307,564 )
(257,227 )
Shareholders' funds
(147,484 )
(97,147 )
Directors' responsibilities:
-
-
Approved by the Board for issue on 29 November 2016
Director
Company Registration No. 05959058
(TRADING AS PB COACHING)
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
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
1.4
Goodwill
1.5
Intellectual property rights
Intellectual property rights are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
1.6
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.8
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.
(TRADING AS PB COACHING)
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2015
895,743
Additions
-
21,868
Disposals
-
(375 )
(375)
At 31 March 2016
917,236
Depreciation
At 1 April 2015
887,799
Charge for the year
-
5,900
At 31 March 2016
893,699
Net book value
At 31 March 2016
-
23,537
At 31 March 2015
-
7,944
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid