PSG Networks Limited - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 04295229 (England and Wales)

Financial Statements for the Year Ended 31 March 2016

for

PSG Networks Limited

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

T J Murphy

Mrs A Murphy

SECRETARY:

Mrs A Murphy

REGISTERED OFFICE:

54 Clarendon Rd

Watford

Hertforshire

WD17 1DU

REGISTERED NUMBER:

04295229 (England and Wales)

ACCOUNTANTS:

Tax and Figures Ltd

The Coach House

77a Marlowes

Hemel Hempstead

Hertfordshire

HP1 1LF

FIXED ASSETS

1,571

2,016

CURRENT ASSETS

30,929

65,460

CREDITORS

Amounts falling due within one year

(25,633

)

(65,798

)

NET CURRENT ASSETS/(LIABILITIES)

5,296

(338

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,867

1,678

CAPITAL AND RESERVES

6,867

1,678

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

31/3/16

31/3/15

£

£

T J Murphy and Mrs A Murphy

Balance outstanding at start of year

32,929

21,084

Amounts advanced

30,928

32,929

Amounts repaid

(32,929

)

(21,084

)

Balance outstanding at end of year

30,928

32,929

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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 December 2016 and were signed on its behalf by:

T J Murphy - Director