Perfect Villa Escapes Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09063104 (England and Wales)

PERFECT VILLA ESCAPES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 OCTOBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Rodger

SECRETARY:

None Appointed

REGISTERED OFFICE:

25 Queens Square Business Park

Huddersfield Road

Honley

Holmfirth

West Yorkshire

HD9 6QZ

REGISTERED NUMBER:

09063104 (England and Wales)

ACCOUNTANTS:

STEAD ROBINSON

Chartered Accountants

25 Queens Square Business Pk

Honley

Holmfirth

HD9 6QZ

FIXED ASSETS

Intangible assets

2

36,000

38,000

Tangible assets

3

6,790

10,185

42,790

48,185

CURRENT ASSETS

Debtors

302,704

269,851

Cash at bank

2,145

5,387

304,849

275,238

CREDITORS

Amounts falling due within one year

322,493

322,868

NET CURRENT LIABILITIES

(17,644

)

(47,630

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,146

555

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

25,046

455

SHAREHOLDERS' FUNDS

25,146

555

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 July 2017 and were signed by:

I Rodger - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

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 cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

40,000

AMORTISATION

At 1 November 2015

2,000

Amortisation for year

2,000

At 31 October 2016

4,000

NET BOOK VALUE

At 31 October 2016

36,000

At 31 October 2015

38,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

13,580

DEPRECIATION

At 1 November 2015

3,395

Charge for year

3,395

At 31 October 2016

6,790

NET BOOK VALUE

At 31 October 2016

6,790

At 31 October 2015

10,185

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

10,000

Ordinary

£0.01

100