Profile Property Marketing Network Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 03028643 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

PROFILE PROPERTY MARKETING NETWORK LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R Katz

D E Lamb

REGISTERED OFFICE:

Alpha House

176a High Street

Barnet

Hertfordshire

EN5 5SZ

REGISTERED NUMBER:

03028643 (England and Wales)

ACCOUNTANTS:

Joshua Leigh & Co Limited

Alpha House

176a High Street

Barnet

Hertfordshire

EN5 5SZ

FIXED ASSETS

Tangible assets

3

165

220

CURRENT ASSETS

Debtors

1,000

1,000

Cash at bank

12,209

11,800

13,209

12,800

CREDITORS

Amounts falling due within one year

(6,398

)

(7,377

)

NET CURRENT ASSETS

6,811

5,423

TOTAL ASSETS LESS CURRENT LIABILITIES

6,976

5,643

CAPITAL AND RESERVES

Called up share capital

60

60

Retained earnings

6,916

5,583

SHAREHOLDERS' FUNDS

6,976

5,643

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 June 2017 and were signed on its behalf by:

Mrs R Katz - Director

D E Lamb - Director

1.	STATUTORY INFORMATION

Profile Property Marketing Network Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2016

and 31 December 2016

391

DEPRECIATION

At 1 January 2016

171

Charge for year

55

At 31 December 2016

226

NET BOOK VALUE

At 31 December 2016

165

At 31 December 2015

220