Abbreviated Company Accounts - POLISH TRANSLATIONS LIMITED

POLISH TRANSLATIONS LIMITED - Company Information

05318684 POLISH TRANSLATIONS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 05318684 2015-01-01 2015-12-31 05318684 2015-12-31 05318684 2014-12-31 05318684 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 05318684 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 05318684

POLISH TRANSLATIONS LIMITED

Abbreviated Accounts

31 December 2015

POLISH TRANSLATIONS LIMITED Registered Number 05318684

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	583	467
		583	467
Current assets
Debtors		37	74
Cash at bank and in hand		3,200	2,646
		3,237	2,720
Creditors: amounts falling due within one year		(6,074)	(3,807)
Net current assets (liabilities)		(2,837)	(1,087)
Total assets less current liabilities		(2,254)	(620)
Total net assets (liabilities)		(2,254)	(620)
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		(4,254)	(2,620)
Shareholders' funds		(2,254)	(620)

For the year ending 31 December 2015 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 19 September 2016

And signed on their behalf by:
Mr A Murza Murzicz, Director

POLISH TRANSLATIONS LIMITED Registered Number 05318684

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 January 2015.

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

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

Fixtures, fittings & equipment: 25% Reducing balance

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2015	4,964
Additions	310
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	5,274
Depreciation
At 1 January 2015	4,497
Charge for the year	194
On disposals	-
At 31 December 2015	4,691
Net book values
At 31 December 2015	583
At 31 December 2014	467

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

	2015 £	2014 £
2,000 Ordinary shares of £1 each	2,000	2,000