PRÃ‰VOST_PETERBOROUGH_LTD - Accounts

PRÉVOST PETERBOROUGH LTD - Company Information

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Company Registration No. 09503266 (England and Wales)

PRÉVOST PETERBOROUGH LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2016

PRÉVOST PETERBOROUGH LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PRÉVOST PETERBOROUGH LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

328,620

Current assets

Debtors

Investments

27,038

Cash at bank and in hand

10,390

37,518

Creditors: amounts falling due within one year

(369,001)

Net current liabilities

(331,483)

Total assets less current liabilities

(2,863)

Capital and reserves

Called up share capital

100

Profit and loss account

(2,963)

Shareholders' funds

(2,863)

For the financial period ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The directors acknowledge their 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 21 December 2016

J Samworth

Director

Company Registration No. 09503266

PRÉVOST PETERBOROUGH LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD 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

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

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

- 2% straight line

Property improvements

- 10% straight line

1.4

Investments

Current asset investments are stated at the lower of cost and net realisable value.

1.5

Going concern

The accounts have been prepared on the going concern basis due to the continued support of the directors.

Fixed assets

Tangible assets

Cost

At 23 March 2015

Additions

328,952

At 31 March 2016

328,952

Depreciation

At 23 March 2015

Charge for the period

332

At 31 March 2016

332

Net book value

At 31 March 2016

328,620

PRÉVOST PETERBOROUGH LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2016

- 3 -

Share capital

2016

Allotted, called up and fully paid

100 ordinary of £1 each

100

100 ordinary £1 shares were issued at par on incorporation.