People 1st User Experience Consulting - Abbreviated accounts 16.3

REGISTERED NUMBER: 09062942 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st May 2016

for

PEOPLE 1ST USER EXPERIENCE CONSULTING

SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M Woods

REGISTERED OFFICE:

Charter Buildings

Ashton Lane

Sale

Cheshire

M33 6WT

BUSINESS ADDRESS:

Suite 34

23 KIng Street

Cambridge

Cambridgeshire

CB1 1AH

REGISTERED NUMBER:

09062942 (England and Wales)

ACCOUNTANTS:

Brackman Wolfe

Charter Buildings

9 Ashton Lane

Sale

Cheshire

M33 6WT

FIXED ASSETS

Tangible assets

2

583

1,149

CURRENT ASSETS

Debtors

3,452

16,376

CREDITORS

Amounts falling due within one year

3,796

17,339

NET CURRENT LIABILITIES

(344

)

(963

)

TOTAL ASSETS LESS CURRENT LIABILITIES

239

186

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

238

185

SHAREHOLDERS' FUNDS

239

186

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 28th February 2017 and were signed by:

M Woods - 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.

Computer equipment

-

33% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

1,715

DEPRECIATION

At 1st June 2015

566

Charge for year

566

At 31st May 2016

1,132

NET BOOK VALUE

At 31st May 2016

583

At 31st May 2015

1,149

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31st May 2016 and the period ended 31st May 2015:

2016

2015

£

£

M Woods

Balance outstanding at start of year

14,336

-

Amounts advanced

3,452

14,336

Amounts repaid

(14,336

)

-

Balance outstanding at end of year

3,452

14,336

5.	ULTIMATE CONTROLLING PARTY

The controlling party is M Woods.