Perkins Business Systems Ltd,Ltd - AccountsLtd - Accounts

Perkins Business Systems Ltd,Ltd - AccountsLtd - Accounts

PERKINS BUSINESS SYSTEMS LIMITED - Company Information

Print Friendly Version

2016-07-01 03530118 2017-06-30 03530118 2016-07-01 2017-06-30 03530118 2016-06-30 03530118 2015-07-01 2016-06-30 03530118 uk-core:WithinOneYear 2016-06-30 03530118 uk-core:WithinOneYear 2017-06-30 03530118 uk-core:ShareCapital 2017-06-30 03530118 uk-core:ShareCapital 2016-06-30 03530118 uk-core:RetainedEarningsAccumulatedLosses 2017-06-30 03530118 uk-core:RetainedEarningsAccumulatedLosses 2016-06-30 03530118 uk-bus:Director1 2016-07-01 2017-06-30 03530118 uk-core:PlantMachinery 2016-07-01 2017-06-30 03530118 uk-core:WithinOneYear 2017-06-30 03530118 uk-core:WithinOneYear 2016-06-30 iso4217:GBP 03530118 uk-bus:AuditExemptWithAccountantsReport 2016-07-01 2017-06-30 03530118 uk-bus:FRS102 2016-07-01 2017-06-30 03530118 uk-bus:FullAccounts 2016-07-01 2017-06-30 03530118 uk-bus:PrivateLimitedCompanyLtd 2016-07-01 2017-06-30
Perkins Business Systems Ltd
Registered Number:03530118
For the year ended 30 June 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2017
Perkins Business Systems Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 June 2017
Perkins Business Systems Ltd
Statement of Financial Position
Registered Number :
03530118
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
87
175
2
87
175
Current assets
Trade and other receivables
90
23,929
3
14,242
Cash and cash equivalents
13,213
37,142
14,332
Trade and other payables: amounts falling due within one
year
(36,746)
(51,522)
4
(22,414)
(14,380)
Net current liabilities
Total assets less current liabilities
(14,293)
(22,239)
(14,293)
Net liabilities
(22,239)
Capital and reserves
Called up share capital
2
2
Retained earnings
(14,295)
(22,241)
(14,293)
(22,239)
Shareholders' funds
For the year ended 30 June 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr David John Perkins Director
These financial statements were approved and authorised for issue by the Board on 26 February 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 June 2017
Perkins Business Systems Ltd
Notes to the Financial Statements
Statutory Information
Perkins Business Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03530118.
Principal place of business:
4 Quemerford
Calne
Wiltshire
SN11 0AS
Registered address:
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Straight line
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 30 June 2017
Perkins Business Systems Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 July 2016
11,135
At 30 June 2017
11,135
Provision for depreciation and impairment
At 01 July 2016
10,960
Charge for year
88
At 30 June 2017
11,048
At 30 June 2017
Net book value
87
At 30 June 2016
175
3. Trade and other receivables
2016
2017
£
£
Trade debtors
23,929
90
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Bank loans and overdraft
3,893
-
Taxation and social security
46,099
35,289
Other creditors
1,530
1,457
51,522
36,746
3 of 3