Profit Launchers Limited,Ltd - Accounts

Profit Launchers Limited,Ltd - Accounts

PROFIT LAUNCHERS LIMITED - Company Information

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2015-07-01 true false Private Limited Company 09078652 2016-06-30 09078652 2015-07-01 2016-06-30 09078652 2015-06-30 09078652 2014-06-10 2015-06-30 09078652 uk-bus:Director1 2015-07-01 2016-06-30 09078652 uk-bus:OrdinaryShareClass1 2016-06-30 iso4217:GBP
Profit Launchers Limited
For the year ended 30 June 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09078652
2
Contents Page
Profit Launchers Limited
For the year ended 30 June 2016
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Profit Launchers Limited
Accountants' Report
For the year ended 30 June 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the
year ended 30 June 2016 and you consider that the company is exempt from an audit under the Companies
Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations
supplied to us.
Andrew M Wells Accountancy
99 Western Road
Lewes
East Sussex
BN7 1RS
15 March 2017
Dated:
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Abbreviated Balance Sheet
Profit Launchers Limited
As at 30 June 2016
09078652
Registered Number :
£
£
2016
Notes
2015
Current assets
Cash at bank and in hand
825
1,113
825
1,113
Creditors: amounts falling due within one year
(1,101)
(1,871)
12
(1,046)
Net current liabilities
Total assets less current liabilities
(1,046)
12
(1,046)
Net assets/liabilities
12
Capital and reserves
Called up share capital
1
2
1
Profit and loss account
(1,047)
11
(1,046)
12
Shareholders funds
For the year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The directors acknowledge their 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.
Date approved by the board: 16 March 2017
Dean Biggs Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Profit Launchers Limited
For the year ended 30 June 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currency
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of
exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at
the date of the transaction. All foreign exchange differences are included to the profit and loss account.
2 Share capital
Authorised
1 Ordinary share of £1.00 each
Allotted called up and fully paid
2016
2015
£
£
1 Ordinary share of £1.00 each
1
1
1
1
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