PN Telecommunications Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08202415 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

PN Telecommunications Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Neal

Mrs S Neal

REGISTERED OFFICE:

9 Beechcroft

Bedworth

Warwickshire

CV12 0DX

REGISTERED NUMBER:

08202415 (England and Wales)

ACCOUNTANTS:

M Franklins Chart. Cert. Accountants

84 Albion Court

Attleborough Road

Nuneaton

Warwickshire

CV11 4JJ

FIXED ASSETS

Tangible assets

2

258

716

CURRENT ASSETS

Debtors

18,146

12,234

Cash at bank

2,608

1,146

20,754

13,380

CREDITORS

Amounts falling due within one
year

20,121

13,007

NET CURRENT ASSETS

633

373

TOTAL ASSETS LESS CURRENT
LIABILITIES

891

1,089

PROVISIONS FOR LIABILITIES

36

-

NET ASSETS

855

1,089

CAPITAL AND RESERVES

Called up share capital

3

5

Profit and loss account

850

1,084

SHAREHOLDERS' FUNDS

855

1,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 January 2017
and were signed on its behalf by:

P Neal - Director

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds

that the company qualifies as a small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax,

except in respect of service contracts where turnover is recognised when the

company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated

but not reversed at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates

of exchange ruling at the balance sheet date. Transactions in foreign currencies

are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

1,831

DEPRECIATION

At 1 October 2015

1,115

Charge for year

458

At 30 September 2016

1,573

NET BOOK VALUE

At 30 September 2016

258

At 30 September 2015

716

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

5

Ordinary

1

5

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

30 September 2016 and 30 September 2015:

30.9.16

30.9.15

£

P Neal

Balance outstanding at start of year

(33

)

1,130

Amounts advanced

360

667

Amounts repaid

(372

)

(1,830

)

Balance outstanding at end of year

(45

)

(33

)