PII Brokers.co.uk Ltd - Abbreviated accounts

Registered number

05377189

PII Brokers.co.uk Ltd

Abbreviated Accounts

For the year ended 31 March 2016

PII Brokers.co.uk Ltd
Registered number:		05377189
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets			-			-

Current assets
Debtors		-			506
Cash at bank and in hand		327,063			254,327
		327,063			254,833

Creditors: amounts falling due within one year		(150,674)			(122,758)

Net current assets			176,389			132,075

Net assets			176,389			132,075

Capital and reserves
Called up share capital	2		10,000			10,000
Profit and loss account			166,389			122,075

Shareholders' funds			176,389			132,075

The directors are 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 directors acknowledge their 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.
Approved by the board on 6 December 2016





J W Goodier
Director

PII Brokers.co.uk Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 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).

	Cash flow statement
	The company has taken advantage of the exemption in the Financial Reporting Standard for Smaller Entities from the requirement to prepare a cash flow statement, on the grounds that it is a small company.

	Turnover
	Turnover represents commission receivable for insurance services provided and is attributable to the main activity of the company.

	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		10,000		10,000		10,000