Placing Leaders Limited - Accounts to registrar - small 17.2

Placing Leaders Limited - Accounts to registrar - small 17.2

PLACING LEADERS LIMITED - Company Information

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REGISTERED NUMBER: 04640692 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2017

FOR

PLACING LEADERS LIMITED

PLACING LEADERS LIMITED (REGISTERED NUMBER: 04640692)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2017










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


PLACING LEADERS LIMITED

COMPANY INFORMATION
For The Year Ended 31 January 2017







DIRECTOR: Mrs S K Quirke





REGISTERED OFFICE: 1st Group
Bow Court
Coventry
CV5 6SP





REGISTERED NUMBER: 04640692 (England and Wales)





ACCOUNTANTS: Lizst Price Accounting Limited
Chartered Accountants
4 The Close
Akeley
Buckingham
Buckinghamshire
MK18 5HD
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PLACING LEADERS LIMITED


The following reproduces the text of the report prepared for the director and members in respect of the Company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed
with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Placing
Leaders Limited for the year ended 31 January 2017 which comprise the Income Statement, Balance Sheet and the related notes from the
Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Placing Leaders Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Placing Leaders Limited and state those matters that we have agreed to state to the director of Placing Leaders Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Placing Leaders Limited director for our work or for this report.

It is your duty to ensure that Placing Leaders Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Placing Leaders Limited. You consider that Placing Leaders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Placing Leaders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lizst Price Accounting Limited
Chartered Accountants
4 The Close
Akeley
Buckingham
Buckinghamshire
MK18 5HD


9 October 2017

This page does not form part of the statutory financial statements

Page 2
PLACING LEADERS LIMITED (REGISTERED NUMBER: 04640692)

BALANCE SHEET
31 January 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,080 9,331

CURRENT ASSETS
Debtors 5 26,665 23,844
Cash at bank and in hand 10,819 4,720
37,484 28,564
CREDITORS
Amounts falling due within one year 6 22,130 14,678
NET CURRENT ASSETS 15,354 13,886
TOTAL ASSETS LESS CURRENT LIABILITIES 22,434 23,217

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 22,433 23,216
SHAREHOLDERS' FUNDS 22,434 23,217

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 January 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 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 9 October 2017 and were signed by:





Mrs S K Quirke - Director


The notes on pages 4 to 5 form part of these financial statements

Page 3
PLACING LEADERS LIMITED (REGISTERED NUMBER: 04640692)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2017


1. STATUTORY INFORMATION

Placing Leaders 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 the net invoiced sales of services, excluding value added tax, and after adjustment for the movement in work in
progress.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 February 2016 42,163 11,190 53,353
Additions 108 - 108
Disposals (30,000 ) - (30,000 )
At 31 January 2017 12,271 11,190 23,461
DEPRECIATION
At 1 February 2016 36,374 7,648 44,022
Charge for year 1,474 885 2,359
Eliminated on disposal (30,000 ) - (30,000 )
At 31 January 2017 7,848 8,533 16,381
NET BOOK VALUE
At 31 January 2017 4,423 2,657 7,080
At 31 January 2016 5,789 3,542 9,331

Page 4 continued...
PLACING LEADERS LIMITED (REGISTERED NUMBER: 04640692)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 January 2017


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade debtors - 900
Other debtors 26,665 22,944
26,665 23,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Taxation and social security 3,554 10,337
Other creditors 18,576 4,341
22,130 14,678

7. RESERVES
Retained
earnings
£   

At 1 February 2016 23,216
Profit for the year 19,217
Dividends (20,000 )
At 31 January 2017 22,433

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S K Quirke.

Page 5