Permanent Alliance Limited - Period Ending 2017-03-31

Registration number: 05443380

Permanent Alliance Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

Power Account Limited
Accountants
8c High Street
Southampton
Hampshire
SO14 2DH

Permanent Alliance Limited

Company Information

Directors

Mr Dimitry Charles Vandamme Mr Akram Mohammed Abdullah

Company secretary

Power Secretaries Ltd

Registered office

8C High Street Southampton Hampshire SO14 2DH

Accountants

Power Account Limited Accountants 8c High Street Southampton Hampshire SO14 2DH

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Permanent Alliance Limited

Profit and Loss Account for the Year Ended 31 March 2017

	Note	Total 31 March 2017 £	Total 31 March 2016 £
Turnover		770,077	655,172
Cost of sales		(398,845)	(375,748)
Gross profit		371,232	279,424
Administrative expenses		(344,289)	(241,478)
Operating profit		26,943	37,946
Other interest receivable and similar income		630	1,406
Interest payable and similar expenses		(1,086)	(127)
		(456)	1,279
Profit before tax		26,487	39,225
Taxation		(2,715)	(7,921)
Profit for the financial year		23,772	31,304

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

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Permanent Alliance Limited

(Registration number: 05443380)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets		12,941	-
Current assets
Debtors		94,871	53,307
Cash at bank and in hand		123,814	172,107
		218,685	225,414
Creditors: Amounts falling due within one year		(202,828)	(192,658)
Net current assets		15,857	32,756
Total assets less current liabilities		28,798	32,756
Creditors: Amounts falling due after more than one year		(19,270)	-
Net assets		9,528	32,756
Capital and reserves
Called up share capital		100	100
Profit and loss account		9,428	32,656
Total equity		9,528	32,756

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 October 2017 and signed on its behalf by:
 

.........................................

Mr Akram Mohammed Abdullah

Director

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