PRS (UK) Investments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08569331 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

PRS (UK) Investments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Sodha

Mrs D Sodha

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

08569331 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

2

483,029

439,301

CURRENT ASSETS

Cash at bank

8,460

2,072

CREDITORS

Amounts falling due within one year

94,310

41,865

NET CURRENT LIABILITIES

(85,850

)

(39,793

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

397,179

399,508

CREDITORS

Amounts falling due after more than one year

3

417,464

NET LIABILITIES

(20,285

)

(17,956

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(21,285

)

(18,956

)

SHAREHOLDERS' FUNDS

(20,285

)

(17,956

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 March 2017 and were signed on its behalf by:

R Sodha - 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.

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 1 July 2015

439,301

Additions

43,728

At 30 June 2016

483,029

NET BOOK VALUE

At 30 June 2016

483,029

At 30 June 2015

439,301

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable by instalments

417,464

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

1

1,000