Abbreviated Company Accounts - PBW CONSULTANCY LIMITED

Abbreviated Company Accounts - PBW CONSULTANCY LIMITED

PBW CONSULTANCY LIMITED - Company Information

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Registered Number 05555066

PBW CONSULTANCY LIMITED

Abbreviated Accounts

30 September 2016

PBW CONSULTANCY LIMITED Registered Number 05555066

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,002 3,753
3,002 3,753
Current assets
Debtors 19,772 12,084
Cash at bank and in hand 29,452 19,415
49,224 31,499
Creditors: amounts falling due within one year (24,647) (34,817)
Net current assets (liabilities) 24,577 (3,318)
Total assets less current liabilities 27,579 435
Total net assets (liabilities) 27,579 435
Capital and reserves
Called up share capital 2 2
Profit and loss account 27,577 433
Shareholders' funds 27,579 435
  • For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • 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.

Approved by the Board on 27 June 2017

And signed on their behalf by:
P B Wilkins, Director

PBW CONSULTANCY LIMITED Registered Number 05555066

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the amount derived from the provision of goods and services falling within the company's activities after deduction of trade discount and value added tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 25% per annum on a reducing basis
Motor Vehicles - 25% per annum on a reducing basis

Valuation information and policy
All fixed assets are initially recorded at cost.

2Tangible fixed assets
£
Cost
At 1 October 2015 10,812
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 10,812
Depreciation
At 1 October 2015 7,059
Charge for the year 751
On disposals -
At 30 September 2016 7,810
Net book values
At 30 September 2016 3,002
At 30 September 2015 3,753