Penman Morrison Consulting Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08116786 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Penman Morrison Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C Morrison

Mrs S Y Morrison

REGISTERED OFFICE:

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

REGISTERED NUMBER:

08116786 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

2

460

543

CURRENT ASSETS

Cash at bank

2,259

4,227

CREDITORS

Amounts falling due within one year

1,721

2,727

NET CURRENT ASSETS

538

1,500

TOTAL ASSETS LESS CURRENT LIABILITIES

998

2,043

PROVISIONS FOR LIABILITIES

123

109

NET ASSETS

875

1,934

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

775

1,834

SHAREHOLDERS' FUNDS

875

1,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 17 October 2014 and were signed on its behalf by:

C Morrison - 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 April 2008).

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.

Plant and machinery etc

-

25% on reducing balance

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 April 2013

694

Additions

70

At 31 March 2014

764

DEPRECIATION

At 1 April 2013

151

Charge for year

153

At 31 March 2014

304

NET BOOK VALUE

At 31 March 2014

460

At 31 March 2013

543

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100