Property Services & Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07304062 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Property Services & Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R E Burchall

REGISTERED OFFICE:

Garden Flat

48 Apsley Road

Clifton

Bristol

Avon

BS8 2ST

REGISTERED NUMBER:

07304062 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Tangible assets

2

1,157

1,464

CURRENT ASSETS

Debtors

18,360

7,262

Cash at bank and in hand

5,963

4,286

24,323

11,548

CREDITORS

Amounts falling due within one year

18,219

8,301

NET CURRENT ASSETS

6,104

3,247

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,261

4,711

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

7,260

4,710

SHAREHOLDERS' FUNDS

7,261

4,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 November 2016 and were signed by:

R E Burchall - 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).

Turnover

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

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

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

2,715

DEPRECIATION

At 1 August 2015

1,251

Charge for year

307

At 31 July 2016

1,558

NET BOOK VALUE

At 31 July 2016

1,157

At 31 July 2015

1,464

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

1

Ordinary

£1

1