Abbreviated Company Accounts - PROFINDA LIMITED

06578390 PROFINDA LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06578390 2014-01-01 2014-12-31 06578390 2014-12-31 06578390 2013-12-31 06578390 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06578390 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 06578390

PROFINDA LIMITED

Abbreviated Accounts

31 December 2014

PROFINDA LIMITED Registered Number 06578390

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,463	620
		1,463	620
Current assets
Debtors		31,873	39,985
Cash at bank and in hand		107,554	58,409
		139,427	98,394
Creditors: amounts falling due within one year		(48,288)	(24,601)
Net current assets (liabilities)		91,139	73,793
Total assets less current liabilities		92,602	74,413
Accruals and deferred income		(12,513)	(7,824)
Total net assets (liabilities)		80,089	66,589
Capital and reserves
Called up share capital	3	1,667	1,324
Share premium account		1,003,948	248,868
Other reserves		-	52,512
Profit and loss account		(925,526)	(236,115)
Shareholders' funds		80,089	66,589

For the year ending 31 December 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 2 April 2015

And signed on their behalf by:
Roger Gorman, Director

PROFINDA LIMITED Registered Number 06578390

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Office equipment - 50% per annum on a straight line basis

2Tangible fixed assets

	£
Cost
At 1 January 2014	1,323
Additions	1,615
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,938
Depreciation
At 1 January 2014	703
Charge for the year	772
On disposals	-
At 31 December 2014	1,475
Net book values
At 31 December 2014	1,463
At 31 December 2013	620

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
166,729 Ordinary shares of £0.01 each (132,366 shares for 2013)	1,667	1,324

4Transactions with directors

Name of director receiving advance or credit:	Roger Gorman
Description of the transaction:	Loan account
Balance at 1 January 2014:	£ 8,073
Advances or credits made:	-
Advances or credits repaid:	£ 8,073
Balance at 31 December 2014:	£ 0

The loan balance, which was built up prior to the introduction of a payroll system, was released and written off on 31 July 2014.