Abbreviated Company Accounts - PAGAQUM SERVICES LIMITED

PAGAQUM SERVICES LIMITED - Company Information

06033085 PAGAQUM SERVICES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06033085 2014-01-01 2014-12-31 06033085 2014-12-31 06033085 2013-12-31 06033085 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06033085 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 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 06033085

PAGAQUM SERVICES LIMITED

Abbreviated Accounts

31 December 2014

PAGAQUM SERVICES LIMITED Registered Number 06033085

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,167	-
		10,167	-
Current assets
Debtors		12,756	2,405
Cash at bank and in hand		2,742	3,033
		15,498	5,438
Creditors: amounts falling due within one year		(32,924)	(20,490)
Net current assets (liabilities)		(17,426)	(15,052)
Total assets less current liabilities		(7,259)	(15,052)
Creditors: amounts falling due after more than one year		(3,198)	(4,018)
Total net assets (liabilities)		(10,457)	(19,070)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(10,557)	(19,170)
Shareholders' funds		(10,457)	(19,070)

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 24 September 2015

And signed on their behalf by:
Richard Otoo, Director

PAGAQUM SERVICES LIMITED Registered Number 06033085

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 the total invoice value,excluding value added tax, of sales rendered during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual of each asset over its expected useful life, as follows:

Fixtures,fittings
and equipment - 18% Reducing Balance method

2Tangible fixed assets

	£
Cost
At 1 January 2014	2,808
Additions	12,399
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	15,207
Depreciation
At 1 January 2014	2,808
Charge for the year	2,232
On disposals	-
At 31 December 2014	5,040
Net book values
At 31 December 2014	10,167
At 31 December 2013	0

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures,fittings
and equipment - 18% Reducing Balance method

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100