PB LIFE LIMITED

PB LIFE LIMITED

PB LIFE LIMITED - Company Information

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4 January 2017 false No description of principal activity Taxfiler 2018.11.Web 10546188business:PrivateLimitedCompanyLtd2017-01-042018-01-31 105461882017-01-03 105461882017-01-042018-01-31 10546188business:AuditExemptWithAccountantsReport2017-01-042018-01-31 10546188business:FullAccounts2017-01-042018-01-31 105461882018-01-31 10546188business:Director12017-01-042018-01-31 10546188business:RegisteredOffice2017-01-042018-01-31 10546188core:WithinOneYear2018-01-31 10546188core:RetainedEarningsAccumulatedLosses2018-01-31 10546188business:SmallEntities2017-01-042018-01-31 10546188countries:EnglandWales2017-01-042018-01-31 10546188core:FurnitureFittings2017-01-042018-01-31 10546188core:ComputerEquipment2017-01-042018-01-31 10546188core:FurnitureFittings2017-01-03 10546188core:ComputerEquipment2017-01-03 10546188core:FurnitureFittings2018-01-31 10546188core:ComputerEquipment2018-01-31 iso4217:GBP xbrli:pure
Company Registration No. 10546188 (England and Wales)
PB LIFE LIMITED Unaudited accounts for the period from 4 January 2017 to 31 January 2018
PB LIFE LIMITED Unaudited accounts Contents
Page
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PB LIFE LIMITED Company Information for the period from 4 January 2017 to 31 January 2018
Director
Peter BAKARE
Company Number
10546188 (England and Wales)
Registered Office
PB LIFE LTD, BUSINESS START-UP HATCHERY 4TH FLOOR WYNNE JONES BUILDING, ELLISON NEWCASTLE UPON TYNE NE1 8ST ENGLAND
Accountants
Yangbin Ma MAAT 4th Floor Wynne Jones Building Ellison Place Newcastle upon Tyne Tyne & Wear NE1 8ST
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PB LIFE LIMITED Accountants' report
Accountants' report to the director of PB LIFE LIMITED on the preparation of the unaudited statutory accounts for the period from 4 January 2017 to 31 January 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PB LIFE LIMITED for the period from 4 January 2017 to 31 January 2018 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PB LIFE LIMITED, as a body, in accordance with the terms of our engagement letter dated 5 December 2017. Our work has been undertaken solely to prepare for your approval the accounts of PB LIFE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PB LIFE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PB LIFE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PB LIFE LIMITED. You consider that PB LIFE LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of PB LIFE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Yangbin Ma MAAT 4th Floor Wynne Jones Building Ellison Place Newcastle upon Tyne Tyne & Wear NE1 8ST 18 September 2018
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PB LIFE LIMITED Statement of financial position as at 31 January 2018
2018 
Notes
£ 
Fixed assets
Tangible assets
4
1,068 
Current assets
Debtors
5
1,750 
Cash at bank and in hand
98 
1,848 
Creditors: amounts falling due within one year
6
(355)
Net current assets
1,493 
Net assets
2,561 
Capital and reserves
Profit and loss account
2,561 
Shareholders' funds
2,561 
For the period ending 31 January 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 September 2018.
Peter BAKARE Director Company Registration No. 10546188
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PB LIFE LIMITED Notes to the Accounts for the period from 4 January 2017 to 31 January 2018
1
Statutory information
PB LIFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10546188. The registered office is PB LIFE LTD, BUSINESS START-UP HATCHERY, 4TH FLOOR WYNNE JONES BUILDING, ELLISON , NEWCASTLE UPON TYNE, NE1 8ST, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 4 January 2017
- 
- 
- 
Additions
- 
1,424 
1,424 
At 31 January 2018
- 
1,424 
1,424 
Depreciation
Charge for the period
356 
- 
356 
At 31 January 2018
356 
- 
356 
Net book value
At 31 January 2018
(356)
1,424 
1,068 
5
Debtors
2018 
£ 
Trade debtors
1,750 
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PB LIFE LIMITED Notes to the Accounts for the period from 4 January 2017 to 31 January 2018
6
Creditors: amounts falling due within one year
2018 
£ 
Taxes and social security
355 
7
Average number of employees
During the period the average number of employees was 0.
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