PKS Services Limited,Ltd - Accounts

PKS Services Limited,Ltd - Accounts

PKS SERVICES LIMITED - Company Information

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2013-05-01 true false Private Limited Company 03564403 2014-04-30 03564403 2013-05-01 2014-04-30 03564403 2013-04-30 03564403 2012-05-01 2013-04-30 03564403 uk-bus:Director1 2013-05-01 2014-04-30 03564403 uk-gaap:WithinOneYear 2014-04-30 03564403 uk-gaap:WithinOneYear 2013-04-30 iso4217:GBP
PKS Services Limited
For the year ended 30 April 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 03564403
2
Contents Page
PKS Services Limited
For the year ended 30 April 2014
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
PKS Services Limited
Accountants' Report
For the year ended 30 April 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30
April 2014 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these financial statements in order to assist you to fulfil your statutory
responsibilities, from the accounting records and information and explanations supplied to us.
Vision Accountants Ltd
46a Station Road
North Harrow
Middlesex
HA2 7SE
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Abbreviated Balance Sheet
PKS Services Limited
As at 30 April 2014
03564403
Registered Number :
£
£
2014
Notes
2013
Current assets
Stocks
39,100
39,100
Debtors
210,480
124,523
Cash at bank and in hand
13,874
40,154
177,497
289,734
Creditors: amounts falling due within one year
2
(320,683)
(189,106)
(30,949)
(11,609)
Net current liabilities
Total assets less current liabilities
(11,609)
(30,949)
(11,609)
Net liabilities
(30,949)
Capital and reserves
Called up share capital
150
150
Profit and loss account
(11,759)
(31,099)
(11,609)
(30,949)
Shareholders funds
For the year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Date approved by the board: 29 January 2015
Mr K Ruprah Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
PKS Services Limited
For the year ended 30 April 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension Costs
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions
payable are charged to the profit and loss account in the period in which they are payable.
Foreign currency
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the
balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign
exchange differences are included to the profit and loss account.
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of
ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the
shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2014
2 Creditors: amounts falling due within one year
£
£
2013
55,039
81,385
Bank loans and overdrafts (secured)
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