Property Refinement Ltd - Dormant company accounts 17.3

REGISTERED NUMBER: 08489901 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Property Refinement Ltd

Page

Company Information

1

Report of the Director

2

Abridged Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

Reconciliation of Equity

0

Reconciliation of Profit

0

DIRECTOR:

J J G J Lawler

REGISTERED OFFICE:

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

REGISTERED NUMBER:

08489901 (England and Wales)

ACCOUNTANTS:

Douglas Fairless Partnership

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

The director presents his report with the financial statements of the company for the year ended 30 April 2017.

DIRECTOR

J J G J Lawler held office during the whole of the period from 1 May 2016 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

J J G J Lawler - Director

9 January 2018

TURNOVER

-

Administrative expenses

-

60

OPERATING LOSS

-

(60

)

Interest receivable and similar income

-

6

LOSS BEFORE TAXATION

-

(54

)

Tax on loss

-

(338

)

PROFIT FOR THE FINANCIAL YEAR

-

284

FIXED ASSETS

Tangible assets

3

1,687

CURRENT ASSETS

Cash at bank

1,117

CREDITORS

Amounts falling due within one year

4

6,789

NET CURRENT LIABILITIES

(5,672

)

(5,672

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,985

)

(3,985

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(3,986

)

(3,986

)

SHAREHOLDERS' FUNDS

(3,985

)

(3,985

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 January 2018 and were signed by:

J J G J Lawler - Director

1.	STATUTORY INFORMATION

Property Refinement 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2016

and 30 April 2017

2,250

DEPRECIATION

At 1 May 2016

and 30 April 2017

563

NET BOOK VALUE

At 30 April 2017

1,687

At 30 April 2016

1,687

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

Directors' current accounts

6,729

Accrued expenses

60

6,789