Paul Hyde Financial Services Limited - Abbreviated accounts

Paul Hyde Financial Services Limited - Abbreviated accounts


Registered number
SC451822
Paul Hyde Financial Services Limited
Abbreviated Accounts
30 June 2016
Paul Hyde Financial Services Limited
Registered number: SC451822
Abbreviated Balance Sheet
as at 30 June 2016
Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 9,000 12,000
Current assets
Debtors 17,585 17,585
Cash at bank and in hand 111 12
17,696 17,597
Creditors: amounts falling due within one year (25,714) (29,217)
Net current liabilities (8,018) (11,620)
Net assets 982 380
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 981 379
Shareholders' funds 982 380
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 Hyde
Director
Approved by the board on 23 February 2017
Paul Hyde Financial Services Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 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 July 2015 18,000
At 30 June 2016 18,000
Amortisation
At 1 July 2015 6,000
Provided during the year 3,000
At 30 June 2016 9,000
Net book value
At 30 June 2016 9,000
At 30 June 2015 12,000
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
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