Abbreviated Company Accounts - POWERPOINT TECHNICAL SERVICES LIMITED

Abbreviated Company Accounts - POWERPOINT TECHNICAL SERVICES LIMITED

POWERPOINT TECHNICAL SERVICES LIMITED - Company Information

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Registered Number 02330256

POWERPOINT TECHNICAL SERVICES LIMITED

Abbreviated Accounts

30 April 2014

POWERPOINT TECHNICAL SERVICES LIMITED Registered Number 02330256

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 17,928 25,099
17,928 25,099
Current assets
Stocks 3,599 4,499
Debtors 207,218 348,804
Cash at bank and in hand 766,077 699,486
976,894 1,052,789
Creditors: amounts falling due within one year (70,109) (126,562)
Net current assets (liabilities) 906,785 926,227
Total assets less current liabilities 924,713 951,326
Provisions for liabilities (850) (1,684)
Total net assets (liabilities) 923,863 949,642
Capital and reserves
Called up share capital 100 100
Profit and loss account 923,763 949,542
Shareholders' funds 923,863 949,642
  • For the year ending 30 April 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 January 2015

And signed on their behalf by:
R WARD, Director

POWERPOINT TECHNICAL SERVICES LIMITED Registered Number 02330256

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoice value of goods and services supplied by the company, net of VAT.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of fixed assets over their expected useful lives at the rate of 25% per annum on the reducing balance basis

2Tangible fixed assets
£
Cost
At 1 May 2013 94,503
Additions 775
Disposals (3,500)
Revaluations -
Transfers -
At 30 April 2014 91,778
Depreciation
At 1 May 2013 69,404
Charge for the year 6,469
On disposals (2,023)
At 30 April 2014 73,850
Net book values
At 30 April 2014 17,928
At 30 April 2013 25,099