Paul Handley Design Limited - Abbreviated accounts

Registered number

07646860

Paul Handley Design Limited

Abbreviated Accounts

31 May 2016

Paul Handley Design Limited
Registered number:		07646860
Abbreviated Balance Sheet
as at 31 May 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		8,000			16,000

Current assets
Debtors		8,687			14,473
Cash at bank and in hand		12,753			3,754
		21,440			18,227

Creditors: amounts falling due within one year		(8,831)			(8,991)

Net current assets			12,609			9,236

Total assets less current liabilities			20,609			25,236

Creditors: amounts falling due after more than one year			(19,643)			(12,801)



Net assets			966			12,435

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			866			12,335

Shareholders' funds			966			12,435

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



P Handley
Director
Approved by the board on 24 February 2017

Paul Handley Design Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Intangible fixed assets					£

	Cost
	At 1 June 2015					80,000
	At 31 May 2016					80,000

	Amortisation
	At 1 June 2015					64,000
	Provided during the year					8,000
	At 31 May 2016					72,000

	Net book value
	At 31 May 2016					8,000
	At 31 May 2015					16,000


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100