Positive Ground Limited - Abbreviated accounts 16.3
Positive Ground Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2016 |
| FOR |
| POSITIVE GROUND LIMITED |
| POSITIVE GROUND LIMITED (REGISTERED NUMBER: 05973218) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st October 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| POSITIVE GROUND LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31st October 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| POSITIVE GROUND LIMITED (REGISTERED NUMBER: 05973218) |
| ABBREVIATED BALANCE SHEET |
| 31st October 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| POSITIVE GROUND LIMITED (REGISTERED NUMBER: 05973218) |
| ABBREVIATED BALANCE SHEET - continued |
| 31st October 2016 |
| The financial statements were approved by the director on |
| POSITIVE GROUND LIMITED (REGISTERED NUMBER: 05973218) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st October 2016 |
| 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. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st November 2015 |
| and 31st October 2016 |
| DEPRECIATION |
| At 1st November 2015 |
| Charge for year |
| At 31st October 2016 |
| NET BOOK VALUE |
| At 31st October 2016 |
| At 31st October 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| POSITIVE GROUND LIMITED (REGISTERED NUMBER: 05973218) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31st October 2016 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31st October 2016 and |
| 31st October 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |