Positive Employment Job Brokerage - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06782953 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

POSITIVE EMPLOYMENT JOB BROKERAGE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms H E Bonaparte

REGISTERED OFFICE:

320 Garratt Lane

Earlsfield

Wandsworth

London

SW18 4EJ

BUSINESS ADDRESS:

Unit 7

Tottenham Green Enterprise Centre

Town Hall Approach

Tottenham

London

N15 4RX

REGISTERED NUMBER:

06782953 (England and Wales)

ACCOUNTANTS:

Franklin, Chartered Accountants

320 Garratt Lane

Earlsfield

London

SW18 4EJ

FIXED ASSETS

Tangible assets

4

2,488

2,926

CURRENT ASSETS

Debtors

5

13,157

13,038

Cash at bank

45,127

37,113

58,284

50,151

CREDITORS

Amounts falling due within one year

6

60,274

53,077

NET CURRENT LIABILITIES

(1,990

)

(2,926

)

TOTAL ASSETS LESS CURRENT LIABILITIES

498

-

PROVISIONS FOR LIABILITIES

8

498

-

NET LIABILITIES

-

-

RESERVES

-

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 surplus or deficit 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 August 2017 and were signed by:

Ms H E Bonaparte - Director

1.	STATUTORY INFORMATION

Positive Employment Job Brokerage is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

9,132

DEPRECIATION

At 1 April 2016

6,206

Charge for year

438

At 31 March 2017

6,644

NET BOOK VALUE

At 31 March 2017

2,488

At 31 March 2016

2,926

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade debtors

13,157

13,038

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade creditors

10,000

(1

)

Positive Employment & Training Cons. Ltd

49,322

50,687

Tax

235

135

Social security and other taxes

(1,828

)

(244

)

Pension Liability

45

-

Accrued expenses

2,500

2,500

60,274

53,077

7.	SECURED DEBTS

On the 3rd August 2009 HSBC Bank Plc. placed a debenture for securing all monies due or to become due from

the company to HSBC Bank Plc. This debenture was updated on the 28th October 2009 when the company

changed it's name.

8.	PROVISIONS FOR LIABILITIES

31/3/17

31/3/16

£

£

Deferred tax

498

-

Deferred

tax

£

Provided during year

498

Balance at 31 March 2017

498

9.	RELATED PARTY DISCLOSURES