Abbreviated Company Accounts - PSYCHIATRIC MEDICAL SERVICES LIMITED

PSYCHIATRIC MEDICAL SERVICES LIMITED - Company Information

04151017 PSYCHIATRIC MEDICAL SERVICES LIMITED 2016-04-05 false 2015-04-06 2016-04-05 true 04151017 2015-04-06 2016-04-05 04151017 2016-04-05 04151017 2015-04-05 04151017 uk-gaap-cd-bus:Director1 2015-04-06 2016-04-05 04151017 uk-gaap-cd-bus:Director2 2015-04-06 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-06 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-05 iso4217:GBP shares

Registered Number 04151017

PSYCHIATRIC MEDICAL SERVICES LIMITED

Abbreviated Accounts

5 April 2016

PSYCHIATRIC MEDICAL SERVICES LIMITED Registered Number 04151017

Abbreviated Balance Sheet as at 5 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	962	1,436
		962	1,436
Current assets
Debtors		35,699	17,541
Cash at bank and in hand		4,771	22,104
		40,470	39,645
Creditors: amounts falling due within one year		(75,596)	(5,608)
Net current assets (liabilities)		(35,126)	34,037
Total assets less current liabilities		(34,164)	35,473
Total net assets (liabilities)		(34,164)	35,473
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(34,166)	35,471
Shareholders' funds		(34,164)	35,473

For the year ending 5 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2016

And signed on their behalf by:
Mr I Martin, Director

PSYCHIATRIC MEDICAL SERVICES LIMITED Registered Number 04151017

Notes to the Abbreviated Accounts for the period ended 5 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

At 5 April 2016 the company's balance sheet showed an insolvent position. The directors are of the opinion that sufficient funding is available to enable the company to meet its liabilities as and when they fall due. On this basis the directors consider it appropriate to prepare the Financial Statements on a going concern basis.

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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets 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:

Computer equipment - 33% Reducing balance

Other accounting policies
Revenue recognition
Revenue is recognised by the company in respect of consultancy services supplied during the period, exclusive of Value Added Tax and trade discounts.

2Tangible fixed assets

	£
Cost
At 6 April 2015	2,077
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2016	2,077
Depreciation
At 6 April 2015	641
Charge for the year	474
On disposals	-
At 5 April 2016	1,115
Net book values
At 5 April 2016	962
At 5 April 2015	1,436

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2