PDDesign Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05389321 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

PDDesign Consulting Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

13,085

9,101

13,085

9,101

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

72,970

50,831

Cash at bank

13,458

-

96,428

60,831

CREDITORS

Amounts falling due within one year

4

47,307

40,166

NET CURRENT ASSETS

49,121

20,665

TOTAL ASSETS LESS CURRENT LIABILITIES

62,206

29,766

PROVISIONS FOR LIABILITIES

2,475

1,647

NET ASSETS

59,731

28,119

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

59,631

28,019

SHAREHOLDERS' FUNDS

59,731

28,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 9 December 2015 and were signed on its behalf by:

Mr P R Draper - 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 services, excluding value added tax, except in respect of service contracts where

turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Work in progress

Work in progress has been valued using the directors' estimates.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

10,000

AMORTISATION

At 1 April 2014

and 31 March 2015

10,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

23,460

Additions

10,103

Disposals

(5,798

)

At 31 March 2015

27,765

DEPRECIATION

At 1 April 2014

14,359

Charge for year

4,545

Eliminated on disposal

(4,224

)

At 31 March 2015

14,680

NET BOOK VALUE

At 31 March 2015

13,085

At 31 March 2014

9,101

4.

CREDITORS

Creditors include an amount of £ 0 (2014 - £ 4,748 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and 31 March 2014:

2015

2014

£

£

Mr P R Draper

Balance outstanding at start of year

28,661

12,791

Amounts advanced

108,668

83,907

Amounts repaid

(79,838

)

(68,037

)

Balance outstanding at end of year

57,491

28,661

Interest has been charged at 3.25% on overdrawn balance.

The above figures amalgamated total of all transactions during the stated periods.

The director's Mr P R Draper and Mrs S Draper have given a personal guarantee limited to £20,000 in respect of the

company's bank facilities.