Ph-Lo Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07951180 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Ph-Lo Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Mahon

Mrs C Mahon

REGISTERED OFFICE:

Chester House

Fulham Green

81-83 Fulham High Street

London

SW6 3JA

BUSINESS ADDRESS:

1 Pleasance Road

Putney

London

SW15 5HR

REGISTERED NUMBER:

07951180 (England and Wales)

ACCOUNTANTS:

Blue Dot Consulting Limited

Chartered Accountants

Chester House, Fulham Green

81-83 Fulham High Street

London

SW6 3JA

CURRENT ASSETS

Debtors

8,093

-

Cash at bank

6,258

12,023

14,351

12,023

CREDITORS

Amounts falling due within one year

(9,613

)

(11,739

)

NET CURRENT ASSETS

4,738

284

TOTAL ASSETS LESS CURRENT LIABILITIES

4,738

284

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

4,638

184

SHAREHOLDERS' FUNDS

4,738

284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 November 2014 and were signed on its behalf by:

S Mahon - Director

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 April

2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but

not reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended

31 March 2014 and the period ended 31 March 2013:

31.3.14

31.3.13

£

£

S Mahon

Balance outstanding at start of year

-

-

Amounts advanced

21,353

-

Amounts repaid

(19,930

)

-

Balance outstanding at end of year

1,423

-

Mrs C Mahon

Balance outstanding at start of year

-

-

Amounts advanced

21,214

-

Amounts repaid

(19,934

)

-

Balance outstanding at end of year

1,280

-

Interest has been charged at a rate of 4% per annum on overdrawn balances.

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by Sam and Charlotte Mahon.