Phone Centre Services (Uk) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04507002 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Phone Centre Services (Uk) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R McLeish

SECRETARY:

Mrs J Mcleish

REGISTERED OFFICE:

32 DeMontfort Street

Leicester

Leicestershire

LE1 7GD

REGISTERED NUMBER:

04507002 (England and Wales)

ACCOUNTANTS:

Pinnacle

Chartered Certified Accountants

& Registered Auditors

32 DeMontfort Street

Leicester

Leicestershire

LE1 7GD

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1

216

1

216

CURRENT ASSETS

Stocks

385

675

Debtors

4,094

2,569

Cash at bank

7,127

20,939

11,606

24,183

CREDITORS

Amounts falling due within one year

6,855

12,615

NET CURRENT ASSETS

4,751

11,568

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,752

11,784

PROVISIONS FOR LIABILITIES

-

43

NET ASSETS

4,752

11,741

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

4,652

11,641

SHAREHOLDERS' FUNDS

4,752

11,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22 May 2017 and were signed by:

Mr R McLeish - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Deferred tax

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date

to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise,

based on current tax rates and law. Timing differences arise from the inclusion of items of income and

expenditure in taxation computations in periods different from those in which they are included in the

financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

7,000

AMORTISATION

At 1 September 2015

and 31 August 2016

7,000

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

2,109

DEPRECIATION

At 1 September 2015

1,893

Charge for year

215

At 31 August 2016

2,108

NET BOOK VALUE

At 31 August 2016

1

At 31 August 2015

216

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary Shares

£1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 August 2016, the company owed £114 (2015 - £2,797) to Mr R McLeish (director & shareholder). The

loan is interest free and repayable on demand.