Perfectly Cromulent Ltd - Period Ending 2016-09-30

Registration number: 08641373

Perfectly Cromulent Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

Clever Accounts Limited
Brookfield Court
Selby Road
Garforth, Leeds
Leeds
LS25 1NB

Perfectly Cromulent Ltd
Contents

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Perfectly Cromulent Ltd
for the Year Ended 30 September 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Perfectly Cromulent Ltd for the year ended 30 September 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that Perfectly Cromulent Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Perfectly Cromulent Ltd. You consider that Perfectly Cromulent Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Perfectly Cromulent Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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Clever Accounts Limited
Brookfield Court
Selby Road
Garforth, Leeds
Leeds
LS25 1NB

30 May 2017

Page 1

Perfectly Cromulent Ltd
(Registration number: 08641373)
Abbreviated Balance Sheet at 30 September 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					655			-
Current assets
Cash at bank and in hand					23,645			24,508
Creditors: Amounts falling due within one year					(121)			-
Net current assets					23,524			24,508
Total assets less current liabilities					24,179			24,508
Creditors: Amounts falling due after more than one year					(307)			(786)
Net assets					23,872			23,722
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					23,871			23,721
Shareholders' funds					23,872			23,722

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 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 30 May 2017

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.........................................
Mr Yves Conan
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Perfectly Cromulent Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% Straight Line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		873			873
At 30 September 2016		873			873
Depreciation
Charge for the year		218			218
At 30 September 2016		218			218
Net book value
At 30 September 2016		655			655

Page 3

Perfectly Cromulent Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

Page 4