Precisely Marketing Limited
Precisely Marketing Limited
Registered number: SC396049
Abbreviated accounts
For The Year Ended 31 March 2016
Donn Sheldon
21 Forbes Place
Paisley
PA1 1UT
Precisely Marketing Limited
Company No. SC396049
Abbreviated Balance Sheet
31 March 2016
Abbreviated Balance Sheet
2016 | 2015 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 2 |
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224 | 298 | ||||
CURRENT ASSETS | |||||
Debtors |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 3 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS |
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Precisely Marketing Limited
Company No. SC396049
Abbreviated Balance Sheet (continued)
31 March 2016
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
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Precisely Marketing Limited
Notes to the Abbreviated Accounts
For The Year Ended 31 March 2016
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment |
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2.
Tangible Assets
Total | |
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Cost | £ |
As at |
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As at |
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Depreciation | |
As at |
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Provided during the period |
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As at |
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Net Book Value | |
As at |
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As at |
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4.
Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
As at |
Amounts advanced | Amounts repaid | As at |
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£ | £ | £ | £ | |
Ms Jacqui Donaldson | 14,793 | 15,017 | - | 29,810 |
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
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Precisely Marketing Limited
Notes to the Abbreviated Accounts (continued)
For The Year Ended 31 March 2016
2016 | 2015 | |
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£ | £ | |
Ms Jacqui Donaldson | 8,000 | 26,000 |
5.
Ultimate Controlling Party
The company's ultimate controlling party is Jacqui Donaldson by virtue of her ownership of 100% of the issued share capital in the company.
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