People At Work Limited - Limited company - abbreviated

REGISTERED NUMBER: 03312340

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

PEOPLE AT WORK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs S L Johnson

Mrs L J Healey

SECRETARY:

REGISTERED OFFICE:

3 Pine Close

Desborough

Northamptonshire

NN14 2UQ

REGISTERED NUMBER:

03312340

ACCOUNTANTS:

Maurice Gelipter

Chartered Certified Accountant

3 Pine Close

Desborough

Northamptonshire

NN14 2UQ

FIXED ASSETS

Intangible assets

2

56,000

-

Tangible assets

3

1,398

1,645

57,398

1,645

CURRENT ASSETS

Debtors

22,551

12,437

Cash at bank

1,202

6,177

23,753

18,614

CREDITORS

Amounts falling due within one year

61,614

8,688

NET CURRENT (LIABILITIES)/ASSETS

(37,861

)

9,926

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,537

11,571

CAPITAL AND RESERVES

Called up share capital

4

20

Profit and loss account

19,517

11,551

SHAREHOLDERS' FUNDS

19,537

11,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 December 2014 and were signed on its behalf
by:

Mrs L J Healey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

70,000

At 31 March 2014

70,000

AMORTISATION

Amortisation for year

14,000

At 31 March 2014

14,000

NET BOOK VALUE

At 31 March 2014

56,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

13,773

DEPRECIATION

At 1 April 2013

12,128

Charge for year

247

At 31 March 2014

12,375

NET BOOK VALUE

At 31 March 2014

1,398

At 31 March 2013

1,645

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

20

Ordinary

£1

20

People At Work Limited - Limited company - abbreviated - 11.0.0

People At Work Limited - Limited company - abbreviated - 11.0.0