Pensari Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06170768 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

PENSARI LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr Thomas Alan Hawkesworth

SECRETARY:

Ms Jacqueline Carter

REGISTERED OFFICE:

45 Mortimer Crescent

Kings Park

St Albans

Hertfordshire

AL3 4GB

REGISTERED NUMBER:

06170768 (England and Wales)

ACCOUNTANTS:

Leggate Associates Limited

Chartered Accountants

Bencroft

Dassels

Braughing

Ware

Hertfordshire

SG11 2RW

FIXED ASSETS

Tangible assets

2

284

-

CURRENT ASSETS

Debtors

19,144

221,358

Cash at bank

129,833

29,907

148,977

251,265

CREDITORS

Amounts falling due within one year

2,610

42,324

NET CURRENT ASSETS

146,367

208,941

TOTAL ASSETS LESS CURRENT LIABILITIES

146,651

208,941

CAPITAL AND RESERVES

Called up share capital

3

10

1

Profit and loss account

146,641

208,940

SHAREHOLDERS' FUNDS

146,651

208,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 7 January 2015 and were signed by:

Mr Thomas Alan Hawkesworth - 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 services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

1,000

Additions

379

At 30 April 2014

1,379

DEPRECIATION

At 1 May 2013

1,000

Charge for year

95

At 30 April 2014

1,095

NET BOOK VALUE

At 30 April 2014

284

At 30 April 2013

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

10

Ordinary

£1

10

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2014 and

30 April 2013:

30.4.14

30.4.13

£

£

Mr Thomas Alan Hawkesworth

Balance outstanding at start of year

202,564

-

Amounts advanced

26,131

230,000

Amounts repaid

(230,000

)

(27,436

)

Balance outstanding at end of year

(1,305

)

202,564