Pervue Limited - Period Ending 2016-03-31

Registration number: 05384732

Pervue Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Hazlewoods LLP
Staverton Court
Staverton
Cheltenham
Gloucestershire
GL51 0UX

Pervue Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Pervue Limited
(Registration number: 05384732)
Abbreviated Balance Sheet
at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			707			1,658
Current assets
Cash at bank and in hand					19,221			15,472
Creditors: Amounts falling due within one year					(11,801)			(16,885)
Net current assets/(liabilities)					7,420			(1,413)
Net assets					8,127			245
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					8,126			244
Shareholders' funds					8,127			245

For the year ended 31 March 2016 the company was entitled to exemption from audit 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 director acknowledges her 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 within Part 15 of the Companies Act 2006.

Approved by the director and authorised for issue on 08 March 2017

 Jane D Muller
 Director

- 1 -

Pervue Limited
Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		4,827			4,827
Disposals		(351)			(351)
At 31 March 2016		4,476			4,476
Depreciation
At 1 April 2015		3,169			3,169
Charge for the year		600			600
At 31 March 2016		3,769			3,769
Net book value
At 31 March 2016		707			707
At 31 March 2015		1,658			1,658

- 2 -

Pervue Limited
Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

- 3 -