Malcolm Piper Accounting Srv Ltd - Abbreviated accounts 16.3
Malcolm Piper Accounting Srv Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED (REGISTERED NUMBER: 04366472) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 March 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED (REGISTERED NUMBER: 04366472) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Investments |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED (REGISTERED NUMBER: 04366472) |
| 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 |
| The company recognises revenue in accordance with UITF40 'Revenue recognition and service contracts'. |
| Turnover represents amounts chargeable to clients for professional services provided during the year, excluding |
| value added tax. Turnover is recognised when a right to consideration has been obtained through performance |
| under each contract. Consideration accrues as contract activity progresses by reference to the value of the work |
| performed. |
| Unbilled revenue is included in debtors as 'amounts recoverable on contracts'. |
| Goodwill |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| AMORTISATION |
| At 1 April 2015 |
| Amortisation for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED (REGISTERED NUMBER: 04366472) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 March 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 4. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 2016 | 2015 |
| £ | £ |
| Repayable by instalments | - | 3,143 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| 'A' ordinary | £1 |
| 'B' ordinary | 1p |
| 'C' ordinary | 1p |
| 400 | 400 |
| 6. | RELATED PARTY DISCLOSURES |
| The Payroll Shop Limited |
| A company in which N B Rogers is a director. |
| The related undertaking provides payroll bureau services to the company which amounted in the year to £57,207 |
| (2015 -£55,025). |
| 2016 | 2015 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| MALCOLM PIPER ACCOUNTING SERVICES |
| LIMITED (REGISTERED NUMBER: 04366472) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 March 2016 |
| 6. | RELATED PARTY DISCLOSURES - continued |
| Malcolm Piper and Company Limited |
| A company in which all of the directors are involved. |
| The related undertaking provides audit and accountancy services to the company and in turn is supplied with |
| labour and expertise by this company. The services provided to the company during the year amounted to |
| £758,398 (2015 £737,153) with a similar amount of services provided by the company. |
| Boden Piper Limited |
| A company in which A L Davis and N B Rogers are directors. |
| The company provides office accommodation and services charges to the related party amounting to £13,639 |
| (2015 £16,545) in the year. |
| 2016 | 2015 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Malcolm Piper Financial Services Limited |
| A Company in which N B Rogers is a director. |
| Loans to the value of £500 were repaid during the year. |
| 2016 | 2015 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| A loan was outstanding to the A L Davis amounting to £109,124 (2015 -£109,124). |
| A loan was outstanding to the director of £65,419 (2015 -£59,349). |
| A loan was outstanding to the director of £25,000 (2015 -£25,000). |
| 7. | CONTROLLING PARTY |
| There was no controlling party, as defined under Financial Reporting Standard number 8 throughout the current |
| or previous year. |