Abbreviated Company Accounts - PGY GROUP LIMITED

NI621068 PGY GROUP LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true NI621068 2015-11-01 2016-10-31 NI621068 2016-10-31 NI621068 2015-10-31 NI621068 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 NI621068 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number NI621068

PGY GROUP LIMITED

Abbreviated Accounts

31 October 2016

PGY GROUP LIMITED Registered Number NI621068

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,682	4,576
		4,682	4,576
Current assets
Debtors		12,965	2,927
Cash at bank and in hand		3,853	163,948
		16,818	166,875
Creditors: amounts falling due within one year		(139,677)	(263,682)
Net current assets (liabilities)		(122,859)	(96,807)
Total assets less current liabilities		(118,177)	(92,231)
Total net assets (liabilities)		(118,177)	(92,231)
Capital and reserves
Called up share capital	3	141	100
Share premium account		149,959	0
Profit and loss account		(268,277)	(92,331)
Shareholders' funds		(118,177)	(92,231)

For the year ending 31 October 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 29 November 2016

And signed on their behalf by:
Gavin Shields, Director

PGY GROUP LIMITED Registered Number NI621068

Notes to the Abbreviated Accounts for the period ended 31 October 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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	6,332
Additions	1,276
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	7,608
Depreciation
At 1 November 2015	1,756
Charge for the year	1,170
On disposals	-
At 31 October 2016	2,926
Net book values
At 31 October 2016	4,682
At 31 October 2015	4,576

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

	2016 £	2015 £
14,085 Ordinary shares of £0.01 each (10,000 shares for 2015)	141	100