Abbreviated Company Accounts - PARTNERS IN PROGRESS (UK) LIMITED

Abbreviated Company Accounts - PARTNERS IN PROGRESS (UK) LIMITED

PARTNERS IN PROGRESS (UK) LIMITED - Company Information

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Registered Number 05901433

PARTNERS IN PROGRESS (UK) LIMITED

Abbreviated Accounts

31 March 2016

PARTNERS IN PROGRESS (UK) LIMITED Registered Number 05901433

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 80,000 85,000
Tangible assets 3 92,439 101,171
172,439 186,171
Current assets
Debtors 95,108 50,280
Cash at bank and in hand 42,673 62,893
137,781 113,173
Creditors: amounts falling due within one year (39,894) (38,115)
Net current assets (liabilities) 97,887 75,058
Total assets less current liabilities 270,326 261,229
Creditors: amounts falling due after more than one year (216,211) (216,211)
Total net assets (liabilities) 54,115 45,018
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 53,115 44,018
Shareholders' funds 54,115 45,018
  • For the year ending 31 March 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 31 December 2016

And signed on their behalf by:
S Khan, Director

PARTNERS IN PROGRESS (UK) LIMITED Registered Number 05901433

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Intangible fixed assets
£
Cost
At 1 April 2015 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 100,000
Amortisation
At 1 April 2015 15,000
Charge for the year 5,000
On disposals -
At 31 March 2016 20,000
Net book values
At 31 March 2016 80,000
At 31 March 2015 85,000
3Tangible fixed assets
£
Cost
At 1 April 2015 133,210
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 133,210
Depreciation
At 1 April 2015 32,039
Charge for the year 8,732
On disposals -
At 31 March 2016 40,771
Net book values
At 31 March 2016 92,439
At 31 March 2015 101,171