Micro-entity Accounts - PROSERVE (ABERDEEN) LIMITED

PROSERVE (ABERDEEN) LIMITED - Company Information

06121750 PROSERVE (ABERDEEN) LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 06121750 2016-04-01 2017-03-31 06121750 2017-03-31 06121750 2016-03-31 06121750 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 06121750 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 06121750 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 iso4217:GBP shares

Registered Number 06121750

PROSERVE (ABERDEEN) LIMITED

Micro-entity Accounts

31 March 2017

PROSERVE (ABERDEEN) LIMITED Registered Number 06121750

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	86,147	95,054
		86,147	95,054
Current assets
Debtors		257	32
Cash at bank and in hand		99,687	71,645
		99,944	71,677
Prepayments and accrued income		15,870	-
Creditors: amounts falling due within one year		(35,987)	(31,150)
Net current assets (liabilities)		79,827	40,527
Total assets less current liabilities		165,974	135,581
Accruals and deferred income		(398)	(675)
Total net assets (liabilities)		165,576	134,906
Capital and reserves
Called up share capital		2	2
Profit and loss account		165,574	134,904
Shareholders' funds		165,576	134,906

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2017

And signed on their behalf by:
Byron McKibben, Director

PROSERVE (ABERDEEN) LIMITED Registered Number 06121750

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Tangible fixed assets

	£
Cost
At 1 April 2016	95,466
Additions	-
Disposals	-
Revaluations	(7,500)
Transfers	-
At 31 March 2017	87,966
Depreciation
At 1 April 2016	412
Charge for the year	1,407
On disposals	-
At 31 March 2017	1,819
Net book values
At 31 March 2017	86,147
At 31 March 2016	95,054

2Accounting Policies

Basis of measurement and preparation of accounts
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102
Section 1A small entities. The transition date is 1 April 2015.

The financial statements have been prepared under the historic cost convention,except that as disclosed in the accounting
policies, certain items are shown at fair value. The presentational currency is in sterling which has been rounded to the nearest
£1.

Turnover policy
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in
the course of the company's activities and is shown net of sales/value added tax, returns, rebates and discounts. Income is
recognised when goods/services have been delivered/provided to clients should that risk and rewards of ownership have
transferred to them.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and accumulative impairment losses.

Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic
life of that asset as follows:
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Office equipment - 33% straight line
Plant and machinery - 15% reducing balance