P O Relief Limited - Accounts to registrar - small 17.2

P O Relief Limited - Accounts to registrar - small 17.2

P O RELIEF LIMITED - Company Information

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REGISTERED NUMBER: 06582697 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2017

for

P O Relief Limited

P O Relief Limited (Registered number: 06582697)

Contents of the Financial Statements
for the Year Ended 31 March 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P O Relief Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Ms S Patel





REGISTERED OFFICE: 30 Edenvale Road
Mitcham
Surrey
CR4 2DN





REGISTERED NUMBER: 06582697 (England and Wales)





ACCOUNTANTS: Merchant & Co
Chartered Certified Accountants
20 Exhibition House
Addison Bridge Place
London
W14 8XP
Page 1
P O Relief Limited (Registered number: 06582697)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,362 4,160

CURRENT ASSETS
Debtors 5 214,882 211,888
Cash at bank 20,489 14,528
235,371 226,416
CREDITORS
Amounts falling due within one year 6 36,741 39,990
NET CURRENT ASSETS 198,630 186,426
TOTAL ASSETS LESS CURRENT LIABILITIES 202,992 190,586

PROVISIONS FOR LIABILITIES 7 872 832
NET ASSETS 202,120 189,754

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 202,119 189,753
SHAREHOLDERS' FUNDS 202,120 189,754

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 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 notes form part of these financial statements

Page 2 continued...
P O Relief Limited (Registered number: 06582697)

Balance Sheet - continued
31 March 2017


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 Income Statement has not been delivered.

The financial statements were approved by the director on 19 September 2017 and were signed by:





Ms S Patel - Director


The notes form part of these financial statements

Page 3
P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements
for the Year Ended 31 March 2017


1. STATUTORY INFORMATION

P O Relief Limited 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.

Turnover
Turnover represents amounts receivable for services rendered net of value added tax.

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

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

Page 4 continued...
P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017


2. ACCOUNTING POLICIES - continued

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the
arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost
using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and
other short-term highly liquid investments that mature in no more than three months from the date of
acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related
parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction,
where the debt instrument is measured at the present value of the future payments discounted at a market
rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest
method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016 16,366
Additions 1,656
At 31 March 2017 18,022
DEPRECIATION
At 1 April 2016 12,206
Charge for year 1,454
At 31 March 2017 13,660
NET BOOK VALUE
At 31 March 2017 4,362
At 31 March 2016 4,160

Page 5 continued...
P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 8,348 11,463
Other debtors 206,534 200,425
214,882 211,888

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 18,379 37,909
Other creditors 18,362 2,081
36,741 39,990

7. PROVISIONS FOR LIABILITIES
2017 2016
£    £   
Deferred tax 872 832

Deferred
tax
£   
Balance at 1 April 2016 832
Provided during year 40
Balance at 31 March 2017 872

8. RELATED PARTY DISCLOSURES

At 31 March 2017 the amount owed to the company by Arhanse Ltd, a company in which Ms S Patel holds a
100% interest, amounted to £ 206,000.00.

9. FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention
and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) as at 1st
January 2015.

Reconciliation of equity
No transitional adjustments were required.

Reconciliation of profit or loss for the year
No transitional adjustments were required.


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