Pentland Assessment Centres Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC202022 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Pentland Assessment Centres Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Owens

Mrs C Owens

SECRETARY:

Mrs C Owens

REGISTERED OFFICE:

Strathclyde Business Centre

416 Hamilton Road

Flemington

Cambuslang

G72 7XR

REGISTERED NUMBER:

SC202022 (Scotland)

ACCOUNTANTS:

cbs (Scotland) Ltd

33 Laird Street

Coatbridge

Lanarkshire

ML5 3LW

FIXED ASSETS

Tangible assets

2

6,655

5,483

CURRENT ASSETS

Stocks

116,270

97,630

Debtors

47,610

11,221

Cash in hand

307

-

164,187

108,851

CREDITORS

Amounts falling due within one year

(96,653

)

(103,950

)

NET CURRENT ASSETS

67,534

4,901

TOTAL ASSETS LESS CURRENT LIABILITIES

74,189

10,384

PROVISIONS FOR LIABILITIES

(960

)

-

NET ASSETS

73,229

10,384

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

73,129

10,284

SHAREHOLDERS' FUNDS

73,229

10,384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 August 2014 and were signed on its behalf by:

J Owens - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding 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

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

38,428

Additions

2,912

At 31 March 2014

41,340

DEPRECIATION

At 1 April 2013

32,945

Charge for year

1,740

At 31 March 2014

34,685

NET BOOK VALUE

At 31 March 2014

6,655

At 31 March 2013

5,483

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

52

Class A Shares

£1

52

52

39

Class B Shares

£1

39

39

9

Class C Shares

£1

9

9

100

100