Abbreviated Company Accounts - PRACTICAL PRACTICE SOLUTIONS LTD

Abbreviated Company Accounts - PRACTICAL PRACTICE SOLUTIONS LTD

PRACTICAL PRACTICE SOLUTIONS LTD - Company Information

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Registered Number 08455705

PRACTICAL PRACTICE SOLUTIONS LTD

Abbreviated Accounts

31 March 2014

PRACTICAL PRACTICE SOLUTIONS LTD Registered Number 08455705

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 2,060
2,060
Current assets
Cash at bank and in hand 65,399
65,399
Creditors: amounts falling due within one year (3,059)
Net current assets (liabilities) 62,340
Total assets less current liabilities 64,400
Total net assets (liabilities) 64,400
Capital and reserves
Called up share capital 1,600
Share premium account 149,600
Profit and loss account (86,800)
Shareholders' funds 64,400
  • For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 December 2014

And signed on their behalf by:
MARTIN J MILLER, Director

PRACTICAL PRACTICE SOLUTIONS LTD Registered Number 08455705

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets
£
Cost
Additions 2,747
Disposals -
Revaluations -
Transfers -
At 31 March 2014 2,747
Depreciation
Charge for the year 687
On disposals -
At 31 March 2014 687
Net book values
At 31 March 2014 2,060

Plant and machinery 25% reducing balance