Accounts filed on 30-06-2017


Registered number: 06015343






pro-Solve International Limited


ACCOUNTS

FOR THE YEAR ENDED 30/06/2017
























Prepared By:
Stevenson and Co Accountants Ltd
Chartered Certified Accountants
101A
Crow Green Road
Brentwood
Essex
CM15 9RP


pro-Solve International Limited


ACCOUNTS
FOR THE YEAR ENDED 30/06/2017





DIRECTORS
Mr M R Kenyon
Mr P D Canning
Mr P P R Connell
-



SECRETARY
Mr M R Kenyon


REGISTERED OFFICE
101A Crow Green Road
Pilgrims Hatch
Brentwood
Essex
CM15 9RP


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06015343



ACCOUNTANTS
Stevenson and Co Accountants Ltd
Chartered Certified Accountants
101A
Crow Green Road
Brentwood
Essex
CM15 9RP


ACCOUNTS
FOR THEYEARENDED30/06/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		19,973		19,973

CURRENT ASSETS
Stock		103,042		39,671
Debtors	4	84,986		236,802
Cash at bank and in hand		34,535		24,225
		222,563		300,698
CREDITORS: Amounts falling due within one year	5	83,526		161,931
NET CURRENT ASSETS			139,037		138,767
TOTAL ASSETS LESS CURRENT LIABILITIES			159,010		158,740

CAPITAL AND RESERVES

Called up share capital	7		100		100
Share premium account	8		154,976		154,976
Profit and loss account			3,934		3,664
SHAREHOLDERS' FUNDS			159,010		158,740

For the year ending 30/06/2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/03/2018 and signed on their behalf by



.............................
Mr P D Canning
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	56,137	222,140
Other debtors	287	-
Amounts owed by group undertakings	21,562	14,662
Prepayments	7,000	-
	84,986	236,802




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
VAT	7,485	30,888
Trade creditors	62,479	38,632
Other creditors	9,312	9,312
Accruals	4,250	83,099
	83,526	161,931




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100