PSL London Limited - Accounts to registrar (filleted) - small 18.2
PSL London Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited financial statements for the year ended 31 December 2017 |
| For |
| PSL London Limited |
| PSL London Limited (Registered number: 07328378) |
| Contents of the financial statements |
| for the year ended 31 December 2017 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 4 |
| PSL London Limited |
| Company information |
| for the year ended 31 December 2017 |
| Director: |
| Registered office: |
| Business address: |
| Registered number: |
| Accountants: |
| 9 The Shrubberies |
| George Lane |
| London |
| E18 1BD |
| PSL London Limited (Registered number: 07328378) |
| Balance sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The director acknowledges his 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. |
| PSL London Limited (Registered number: 07328378) |
| Balance sheet - continued |
| 31 December 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
| The financial statements were approved by the director on |
| PSL London Limited (Registered number: 07328378) |
| Notes to the financial statements |
| for the year ended 31 December 2017 |
| 1. | Statutory information |
| PSL London Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis on the grounds that the current and future |
| sources of funding and support will be more than adequate for the company's needs. |
| Turnover |
| Turnover represents net invoiced value of services rendered, excluding value added tax, made during the year |
| and derived from the company's ordinary activities. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except |
| to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| PSL London Limited (Registered number: 07328378) |
| Notes to the financial statements - continued |
| for the year ended 31 December 2017 |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 January 2017 |
| and 31 December 2017 |
| Amortisation |
| At 1 January 2017 |
| Amortisation for year |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | Tangible fixed assets |
| Fixtures |
| Plant and | and | Motor |
| machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| Depreciation |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| 6. | Debtors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Value added tax |
| PSL London Limited (Registered number: 07328378) |
| Notes to the financial statements - continued |
| for the year ended 31 December 2017 |
| 7. | Creditors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Value added tax | 1,919 | - |
| Other creditors |
| Director's current account | 35 | 154 |
| Accruals and deferred income |
| 8. | Creditors: amounts falling due after more than one year |
| 2017 | 2016 |
| £ | £ |
| Director's loan account | 31,250 | 41,250 |
| 9. | Ultimate controlling party |
| The ultimate controlling party is |