Performance Yacht Charter limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07994782 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2016 TO 31 DECEMBER 2016

FOR

PERFORMANCE YACHT CHARTER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms L V Jones

REGISTERED OFFICE:

Hedge House Hangersley Hill

Hangersley

Ringwood

BH24 3JW

REGISTERED NUMBER:

07994782 (England and Wales)

ACCOUNTANTS:

Graham Latham Limited

Hedge House

Hangersley Hill

Ringwood

Hampshire

BH24 3JW

CURRENT ASSETS

Debtors

4

33,588

25,766

Cash at bank and in hand

4,290

4,462

37,878

30,228

CREDITORS

Amounts falling due within one year

5

37,368

32,729

NET CURRENT ASSETS/(LIABILITIES)

510

(2,501

)

TOTAL ASSETS LESS CURRENT LIABILITIES

510

(2,501

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

410

(2,601

)

SHAREHOLDERS' FUNDS

510

(2,501

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2016 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 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 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 15 September 2017 and were signed by:

Ms L V Jones - Director

1.	STATUTORY INFORMATION

Performance Yacht Charter limited is a private company, limited by shares , 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 represents net invoices for sales of charters completed in the period, excluding VAT.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.3.16

£

£

Trade debtors

1,273

9,856

Other debtors

32,315

15,910

33,588

25,766

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.3.16

£

£

Taxation and social security

1,199

-

Other creditors

36,169

32,729

37,368

32,729

6.	RELATED PARTY DISCLOSURES

During the period, total dividends of £7,000 were paid to the directors .

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms L V Jones.