The Purcell Partnership Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04372005 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

The Purcell Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A T Purcell

Mrs F E Purcell

SECRETARY:

Mrs F E Purcell

REGISTERED OFFICE:

7 Dalston Road

Southville

Bristol

BS3 1QQ

REGISTERED NUMBER:

04372005 (England and Wales)

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

4

3,625

4,476

CURRENT ASSETS

Debtors

5

25,626

24,606

Cash at bank

26,924

43,851

52,550

68,457

CREDITORS

Amounts falling due within one year

6

13,486

33,117

NET CURRENT ASSETS

39,064

35,340

TOTAL ASSETS LESS CURRENT LIABILITIES

42,689

39,816

PROVISIONS FOR LIABILITIES

7

689

895

NET ASSETS

42,000

38,921

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

41,900

38,821

SHAREHOLDERS' FUNDS

42,000

38,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2018 and were signed on its behalf by:

A T Purcell - Director

Mrs F E Purcell - Director

1.	STATUTORY INFORMATION

The Purcell Partnership Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

19,956

DEPRECIATION

At 1 April 2017

15,480

Charge for year

851

At 31 March 2018

16,331

NET BOOK VALUE

At 31 March 2018

3,625

At 31 March 2017

4,476

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

-

24,606

Other debtors

25,626

-

25,626

24,606

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

12,036

30,607

Other creditors

1,450

2,510

13,486

33,117

7.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

Accelerated capital allowances

689

895

Deferred

tax

£

Balance at 1 April 2017

895

Provided during year

(206

)

Balance at 31 March 2018

689

8.	ULTIMATE CONTROLLING PARTY