PERFORMANCE_COACH_TRAININ - Accounts

PERFORMANCE COACH TRAINING LTD - Company Information

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Company Registration No. 6203438 (England and Wales)

PERFORMANCE COACH TRAINING LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

PERFORMANCE COACH TRAINING LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PERFORMANCE COACH TRAINING LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,092

1,456

Current assets

Debtors

56,420

70,195

Cash at bank and in hand

7,919

4,132

64,339

74,327

Creditors: amounts falling due within one year

(5,788)

(3,178)

Net current assets

58,551

71,149

Total assets less current liabilities

59,643

72,605

Provisions for liabilities

(291)

59,643

72,314

Capital and reserves

Called up share capital

100

Profit and loss account

59,543

72,214

Shareholders' funds

59,643

72,314

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges her 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 25 November 2016

C Wilson

Director

Company Registration No. 6203438

PERFORMANCE COACH TRAINING LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 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

Turnover

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

1.4

Tangible fixed assets and depreciation

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:

Fixtures, fittings & equipment

25% per annum on a reducing balance method.

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 May 2015 & at 30 April 2016

4,891

Depreciation

At 1 May 2015

3,435

Charge for the year

364

At 30 April 2016

3,799

Net book value

At 30 April 2016

1,092

At 30 April 2015

1,456

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100

PERFORMANCE COACH TRAINING LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

Related party relationships and transactions

Other transactions

Included in Debtors is a sum of £56,120 (2015-£63,174) due from Culture at Work Limited a Company owned and controlled by the Director.