Positive Employment Consultancy Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06782262 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

POSITIVE EMPLOYMENT CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms H E Bonaparte

REGISTERED OFFICE:

320 Garratt Lane

Earlsfield

Wandsworth

London

SW18 4EJ

REGISTERED NUMBER:

06782262 (England and Wales)

ACCOUNTANTS:

Franklin, Chartered Accountants

320 Garratt Lane

Earlsfield

London

SW18 4EJ

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,853

848

1,853

848

CURRENT ASSETS

Stocks

19,444

6,626

Debtors

102,330

81,762

Cash at bank and in hand

104,669

8,780

226,443

97,168

CREDITORS

Amounts falling due within one year

185,131

78,030

NET CURRENT ASSETS

41,312

19,138

TOTAL ASSETS LESS CURRENT LIABILITIES

43,165

19,986

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

43,164

19,985

SHAREHOLDERS' FUNDS

43,165

19,986

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 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 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 director on 2 December 2014 and were signed by:

Ms H E Bonaparte - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of one years.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

30,182

AMORTISATION

At 1 April 2013

and 31 March 2014

30,182

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

2,680

Additions

1,623

At 31 March 2014

4,303

DEPRECIATION

At 1 April 2013

1,832

Charge for year

618

At 31 March 2014

2,450

NET BOOK VALUE

At 31 March 2014

1,853

At 31 March 2013

848

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/14

31/3/13

value:

£

£

1

Ordinary

£1.00

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31/3/14

31/3/13

£

£

Ms H E Bonaparte

Balance outstanding at start of year

(13,900

)

(14,400

)

Amounts advanced

-

15,000

Amounts repaid

(3,577

)

(14,500

)

Balance outstanding at end of year

(17,477

)

(13,900

)

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £29,277 (2013 - £32,500) were paid to the director .