Company Registration No. 10480199 (England and Wales)
Private Business Solutions investment Limited
Unaudited accounts
for the year ended 30 November 2018
Private Business Solutions investment Limited
Unaudited accounts
Contents
Private Business Solutions investment Limited
Company Information
for the year ended 30 November 2018
Directors
Jingwen Ma
Nan Sheng
Weizhen Yang
Company Number
10480199 (England and Wales)
Registered Office
Room Wh1.22 75
Whitechapel Road
London
E1 1DU
Accountants
VNW Limited
70 Dowdeswell Close
London
SW15 5RL
Private Business Solutions investment Limited
Statement of financial position
as at 30 November 2018
Cash at bank and in hand
291,951
158,413
Creditors: amounts falling due within one year
(403,305)
(209,273)
Net current liabilities
(106,620)
(48,104)
Total assets less current liabilities
(106,073)
(47,169)
Creditors: amounts falling due after more than one year
(525)
-
Net liabilities
(106,598)
(47,169)
Called up share capital
100
100
Profit and loss account
(106,698)
(47,269)
Shareholders' funds
(106,598)
(47,169)
For the year ending 30 November 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 12 January 2019.
Nan Sheng
Director
Company Registration No. 10480199
Private Business Solutions investment Limited
Notes to the Accounts
for the year ended 30 November 2018
Private Business Solutions investment Limited is a private company, limited by shares, registered in England and Wales, registration number 10480199. The registered office is Room Wh1.22 75, Whitechapel Road, London, E1 1DU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2017
443
880
1,323
At 30 November 2018
443
880
1,323
At 1 December 2017
89
299
388
Charge for the year
89
299
388
At 30 November 2018
178
598
776
At 30 November 2018
265
282
547
At 30 November 2017
354
581
935
Accrued income and prepayments
4,476
2,756
Private Business Solutions investment Limited
Notes to the Accounts
for the year ended 30 November 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
-
(439)
Loans from directors
401,742
206,742
7
Creditors: amounts falling due after more than one year
2018
2017
Taxes and social security
525
-
8
Average number of employees
During the year the average number of employees was 4 (2017: 8).
