Abbreviated Company Accounts - PERFORM WORKSHOPS LIMITED

Abbreviated Company Accounts - PERFORM WORKSHOPS LIMITED

PERFORM WORKSHOPS LIMITED - Company Information

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Registered Number 06508578

PERFORM WORKSHOPS LIMITED

Abbreviated Accounts

31 December 2014

PERFORM WORKSHOPS LIMITED Registered Number 06508578

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 68,397 12,755
68,397 12,755
Current assets
Stocks 31,206 48,760
Debtors 490,638 411,524
Cash at bank and in hand 922,717 572,547
1,444,561 1,032,831
Creditors: amounts falling due within one year (1,168,147) (804,620)
Net current assets (liabilities) 276,414 228,211
Total assets less current liabilities 344,811 240,966
Provisions for liabilities (9,773) (1,820)
Total net assets (liabilities) 335,038 239,146
Reserves
Income and expenditure account 335,038 239,146
Members' funds 335,038 239,146
  • 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 25 September 2015

And signed on their behalf by:
Mr D W Barnett, Director

PERFORM WORKSHOPS LIMITED Registered Number 06508578

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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Land and buildings leasehold - 10 years straight line.
Plant and machinery - 4 years straight line.
Fixtures, fittings & equipment - 25% on the reducing balance.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 January 2014 41,266
Additions 69,202
Disposals -
Revaluations -
Transfers -
At 31 December 2014 110,468
Depreciation
At 1 January 2014 28,511
Charge for the year 13,560
On disposals -
At 31 December 2014 42,071
Net book values
At 31 December 2014 68,397
At 31 December 2013 12,755