Preston Martin Performance Limited - Abbreviated accounts

Registered number

08345313

Preston Martin Performance Limited

Unaudited Abbreviated Accounts

31 January 2016

Preston Martin Performance Limited
Registered number:		08345313
Abbreviated Balance Sheet
as at 31 January 2016

Notes			2016			2015
£				£
Current assets
Debtors		8,976			8,224
Cash at bank and in hand		61,573			133,979
		70,549			142,203

Creditors: amounts falling due within one year		(13,132)			(34,906)

Net current assets			57,417			107,297

Net assets			57,417			107,297

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			57,317			107,197

Shareholders' funds			57,417			107,297

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



D J Martin
Director
Approved by the board on 19 October 2016

Preston Martin Performance Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100