P O Relief Limited - Accounts to registrar (filleted) - small 18.2

P O Relief Limited - Accounts to registrar (filleted) - small 18.2

P O RELIEF LIMITED - Company Information

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REGISTERED NUMBER: 06582697 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

P O Relief Limited
P O Relief Limited (Registered number: 06582697)

Contents of the Financial Statements
for the Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P O Relief Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: Ms S Patel





REGISTERED OFFICE: 20 Exhibition House
Addison Bridge Place
London
W14 8XP





REGISTERED NUMBER: 06582697 (England and Wales)





Page 1
P O Relief Limited (Registered number: 06582697)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,219 4,362

CURRENT ASSETS
Stocks 12,552 -
Debtors 5 218,876 214,882
Cash at bank 25,485 20,489
256,913 235,371
CREDITORS
Amounts falling due within one year 6 73,247 36,741
NET CURRENT ASSETS 183,666 198,630
TOTAL ASSETS LESS CURRENT LIABILITIES 198,885 202,992

PROVISIONS FOR LIABILITIES 610 872
NET ASSETS 198,275 202,120

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 198,274 202,119
SHAREHOLDERS' FUNDS 198,275 202,120

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 director acknowledges her 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 notes form part of these financial statements

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P O Relief Limited (Registered number: 06582697)

Balance Sheet - continued
31 March 2018


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 31 October 2018 and were signed by:





Ms S Patel - Director


The notes form part of these financial statements

Page 3
P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

P O Relief 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 represents amounts receivable for goods and services rendered net of 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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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.

Page 4 continued...
P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


2. ACCOUNTING POLICIES - continued

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the
arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost
using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and
other short-term highly liquid investments that mature in no more than three months from the date of
acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related
parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction,
where the debt instrument is measured at the present value of the future payments discounted at a market
rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest
method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2017 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 18,022
Additions 14,942
At 31 March 2018 32,964
DEPRECIATION
At 1 April 2017 13,660
Charge for year 4,085
At 31 March 2018 17,745
NET BOOK VALUE
At 31 March 2018 15,219
At 31 March 2017 4,362

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P O Relief Limited (Registered number: 06582697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 3,419 8,348
Other debtors 215,457 206,534
218,876 214,882

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 22,319 18,379
Other creditors 50,928 18,362
73,247 36,741

7. RELATED PARTY DISCLOSURES

At 31 March 2018 the amount owed to the company by Arhanse Ltd, a company in which Ms S Patel holds a
100% interest, amounted to £194,000 (2017: £206,000).

At 31 March 2018, a total of £20,000 was due from Starpost Ltd, a company in which Ms S Patel holds 100%
interest.

Page 6