Abbreviated Company Accounts - PARITER SOLUTIONS LIMITED

PARITER SOLUTIONS LIMITED - Company Information

Registered Number 07157343

PARITER SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2016

PARITER SOLUTIONS LIMITED Registered Number 07157343

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	900	1,414
		900	1,414
Current assets
Stocks		7,500	7,500
Debtors		26,573	742
Cash at bank and in hand		319,011	376,850
		353,084	385,092
Creditors: amounts falling due within one year		(20,874)	(39,182)
Net current assets (liabilities)		332,210	345,910
Total assets less current liabilities		333,110	347,324
Total net assets (liabilities)		333,110	347,324
Capital and reserves
Called up share capital		1	1
Profit and loss account		333,109	347,323
Shareholders' funds		333,110	347,324

For the year ending 31 March 2016 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 1 December 2016

And signed on their behalf by:
W H Ng, Director

PARITER SOLUTIONS LIMITED Registered Number 07157343

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment 33.33% straight line basis

2Tangible fixed assets

	£
Cost
At 1 April 2015	6,973
Additions	289
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	7,262
Depreciation
At 1 April 2015	5,559
Charge for the year	803
On disposals	-
At 31 March 2016	6,362
Net book values
At 31 March 2016	900
At 31 March 2015	1,414