P Ventures Limited
P Ventures Limited
Registered number: 08111286
Unaudited Financial Statements
For The Year Ended 30 June 2018
HAQQI ACCOUNTANCY SERVICES
25 Cloudesdale Road
Balham
London
SW17 8ET
P Ventures Limited
Unaudited Financial Statements
For The Year Ended 30 June 2018
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1 |
| Notes to the Financial Statements | 3—4 |
P Ventures Limited
Balance Sheet
As at
30 June 2018
Balance Sheet
Registered number:
08111286
For the year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 3,729 | 1,045 | |||
Director's responsibilities
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The member has 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Page 1
P Ventures Limited
Balance Sheet (continued)
As at
30 June 2018
The notes on pages 3 to 4 form part of these financial statements.
Page 2
P Ventures Limited
Notes to the Financial Statements
For The Year Ended 30 June 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
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| Computer Equipment |
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4.
Tangible Assets
| Fixtures & Fittings | Computer Equipment | Total | |
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| Cost | |||
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| Depreciation | |||
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| Provided during the period |
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| Net Book Value | |||
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5.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
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| £ | £ | ||
| Corporation tax |
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| VAT |
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| Accruals and deferred income |
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6.
Share Capital
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| Allotted, Called up and fully paid |
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Page 3
P Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2018
7.
Dividends
| 2018 | 2017 | ||
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| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
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| 128,000 | 68,000 | ||
During the year, dividends of £64,000 (2017: £34,000) were paid to Mr N S Perrett Director and 50% shareholderof the company and £64,000 (2017: £34,000) were paid to Mrs R J Perrett as a 50% shareholder of the company.
8.
Ultimate Controlling Party
The company's ultimate controlling party is Mr N S Perrett by virtue of his ownership of 50% of the issued share capital in the company.
9.
General Information
P Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08111286 . The registered office is 85 Great Portland Street, First Floor, LONDON, W1W 7LT.
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