Company Registration No. 7892908 (England and Wales)
P P K Systems Ltd
Unaudited accounts
for the year ended 31 March 2017
P P K Systems Ltd
Unaudited accounts
Contents
P P K Systems Ltd
Company Information
for the year ended 31 March 2017
Director
Mr Piotr Kiliszek
Company Number
7892908 (England and Wales)
Registered Office
63 JEDDO ROAD
UNIT 14
LONDON
W12 9EE
ENGLAND
P P K Systems Ltd
Statement of financial position
as at 31 March 2017
Tangible assets
1,882
2,509
Cash at bank and in hand
201
585
Creditors: amounts falling due within one year
(8,795)
(10,098)
Net current liabilities
(1,295)
(2,360)
Called up share capital
100
100
Profit and loss account
487
49
Shareholders' funds
587
149
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 30 June 2017.
Mr Piotr Kiliszek
Director
Company Registration No. 7892908
P P K Systems Ltd
Notes to the Accounts
for the year ended 31 March 2017
P P K Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 7892908. The registered office and principal place of business is 63 JEDDO ROAD, UNIT 14, LONDON, W12 9EE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
P P K Systems Ltd
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Computer equipment
Accrued income and prepayments
7,299
7,153
6
Creditors: amounts falling due within one year
2017
2016
Corporation tax
2,266
2,079
Loans from directors
5,689
7,179
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
