PBS_INTERNATIONAL_FREIGHT - Accounts
PBS_INTERNATIONAL_FREIGHT - Accounts
Company Registration No. 02648449 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
Richard Anthony
Chartered Accountants
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(653,111 )
(621,849 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(171,360 )
(202,303 )
851,854
792,706
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 13 December 2016
Director
Company Registration No. 02648449
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
Tangible fixed assets and depreciation
Land and buildings Freehold
Office equipment
Fixtures & fittings
Motor vehicles
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
950,069
Additions
80,480
Disposals
(11,524)
At 31 March 2016
1,019,025
Depreciation
At 1 April 2015
313,433
On disposals
(11,524)
Charge for the year
40,102
At 31 March 2016
342,011
Net book value
At 31 March 2016
677,014
At 31 March 2015
636,636
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4
Related party relationships and transactions
Loans to directors
Transactions in relation to loans with directors during the year are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
(34,206)
-
-
34,206
-