Abbreviated Company Accounts - PROFILES PERSONNEL (FARNHAM) LIMITED

PROFILES PERSONNEL (FARNHAM) LIMITED - Company Information

Registered Number 04177844

PROFILES PERSONNEL (FARNHAM) LIMITED

Abbreviated Accounts

30 April 2016

PROFILES PERSONNEL (FARNHAM) LIMITED Registered Number 04177844

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1	1
Tangible assets	3	3,995	3,842
		3,996	3,843
Current assets
Debtors		187,032	144,267
Cash at bank and in hand		248,715	211,810
		435,747	356,077
Creditors: amounts falling due within one year		(135,302)	(92,104)
Net current assets (liabilities)		300,445	263,973
Total assets less current liabilities		304,441	267,816
Total net assets (liabilities)		304,441	267,816
Capital and reserves
Called up share capital		100,000	100,000
Share premium account		166,998	166,998
Profit and loss account		37,443	818
Shareholders' funds		304,441	267,816

For the year ending 30 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 25 January 2017

And signed on their behalf by:
N Soutter, Director
Director, Director

PROFILES PERSONNEL (FARNHAM) LIMITED Registered Number 04177844

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% reducing balance
Equipment - 25% reducing balance

Intangible assets amortisation policy
Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - Over 10 years

2Intangible fixed assets

	£
Cost
At 1 May 2015	266,998
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	266,998
Amortisation
At 1 May 2015	266,997
Charge for the year	-
On disposals	-
At 30 April 2016	266,997
Net book values
At 30 April 2016	1
At 30 April 2015	1

3Tangible fixed assets

	£
Cost
At 1 May 2015	76,131
Additions	1,102
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	77,233
Depreciation
At 1 May 2015	72,289
Charge for the year	949
On disposals	-
At 30 April 2016	73,238
Net book values
At 30 April 2016	3,995
At 30 April 2015	3,842