Protium MS Ltd - Abbreviated accounts

Protium MS Ltd
Registered number:		06699060
Abbreviated Balance Sheet
as at 30 September 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		3,506			4,391

Current assets
Debtors		34,629			4,044
Cash at bank and in hand		78,878			121,772
		113,507			125,816

Creditors: amounts falling due within one year		(14,255)			(14,100)

Net current assets			99,252			111,716

Net assets			102,758			116,107

Capital and reserves
Called up share capital	3		1,000			1,000
Profit and loss account			101,758			115,107

Shareholders' funds			102,758			116,107

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



G Boshoff
Director
Approved by the board on 30 June 2017

Protium MS Ltd
Notes to the Abbreviated Accounts
for the year ended 30 September 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 October 2015					13,908
	Additions					283
	At 30 September 2016					14,191

	Depreciation
	At 1 October 2015					9,517
	Charge for the year					1,168
	At 30 September 2016					10,685

	Net book value
	At 30 September 2016					3,506
	At 30 September 2015					4,391


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1,000		1,000		1,000