05107560_LIMITED - Accounts

05107560 LIMITED - Company Information

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Company Registration No. 05107560 (England and Wales)

05107560 LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

05107560 LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

05107560 LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

Total assets less current liabilities

Capital and reserves

Called up share capital

Shareholders' funds

For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 February 2017

Paul Andrew Warren

Director

Company Registration No. 05107560

05107560 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has ceased to trade and is a wholly owned dormant subsidiary of Pierce Group Ltd.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts invoiced for services provided by the company to its subsidiaries up to 31 July 2014 when it became a wholly owned dormant subsidiary of Pierce Group Ltd.

1.4

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Share capital

2016

2015

Allotted, called up and fully paid

1 "A" Ordinary shares of £1 each

Ultimate parent company

The ultimate controlling parties are Paul Warren, John Green, Nadeem Hussain and Mark Maden-Wilkinson who, between them, own all of the issued share capital of Pierce Group Ltd, the ultimate parent company.