Abbreviated Company Accounts - PSYCHOSYNTHESIS RESEARCH LIMITED

Abbreviated Company Accounts - PSYCHOSYNTHESIS RESEARCH LIMITED

PSYCHOSYNTHESIS RESEARCH LIMITED - Company Information

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Registered Number 01489186

PSYCHOSYNTHESIS RESEARCH LIMITED

Abbreviated Accounts

31 August 2016

PSYCHOSYNTHESIS RESEARCH LIMITED Registered Number 01489186

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 211 282
211 282
Current assets
Debtors 361,694 319,657
Cash at bank and in hand 15,438 -
377,132 319,657
Creditors: amounts falling due within one year (324,786) (285,114)
Net current assets (liabilities) 52,346 34,543
Total assets less current liabilities 52,557 34,825
Total net assets (liabilities) 52,557 34,825
Reserves
Income and expenditure account 52,557 34,825
Members' funds 52,557 34,825
  • For the year ending 31 August 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 directors acknowledge their 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 Board on 31 August 2017

And signed on their behalf by:
J I Evans, Director
R H Evans, Director

PSYCHOSYNTHESIS RESEARCH LIMITED Registered Number 01489186

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

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

Asset class Depreciation method and rate
Office Equipment 25% reducing balance.
Fixtures and Fittings 25% reducing balance.
Computer Equipment 25% reducing balance.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 September 2015 15,119
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 15,119
Depreciation
At 1 September 2015 14,837
Charge for the year 71
On disposals -
At 31 August 2016 14,908
Net book values
At 31 August 2016 211
At 31 August 2015 282