PFPS Investments Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09454199 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

PFPS Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N J Graham

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

CH1 2DS

REGISTERED NUMBER:

09454199 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Property, plant and equipment

4

633

791

CURRENT ASSETS

Cash at bank

13,354

5,979

CREDITORS

Amounts falling due within one year

5

(12,910

)

(1,498

)

NET CURRENT ASSETS

444

4,481

TOTAL ASSETS LESS CURRENT LIABILITIES

1,077

5,272

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

977

5,172

SHAREHOLDERS' FUNDS

1,077

5,272

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 22 December 2017 and were signed by:

N J Graham - Director

1.	STATUTORY INFORMATION

PFPS Investments Ltd 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.

The financial statements are presented in sterling, which is the functional currency of the company rounded to the nearest

£1.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 31 March 2017 are the first that are prepared in accordance with FRS 102

Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of transition to FRS

102 Section 1A is 23 February 2015.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

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

-

20% on reducing balance

Taxation

Taxation for the year is comprised of current tax. Tax is recognised in the Income Statement, except to the extent that it

relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

989

DEPRECIATION

At 1 April 2016

198

Charge for year

158

At 31 March 2017

356

NET BOOK VALUE

At 31 March 2017

633

At 31 March 2016

791

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

3,741

1,364

Other creditors

9,169

134

12,910

1,498

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

100

Ordinary

£1.00

100

100