P_W_&_PARTNERS_LTD - Accounts
P_W_&_PARTNERS_LTD - Accounts
Company Registration No. SC346395 (Scotland)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(107,378 )
(158,570 )
Net current liabilities
(108 )
(121,631 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(7,500 )
(7,616 )
Provisions for liabilities
(936 )
(183 )
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2014
- 2 -
Director's responsibilities:
-
-
Approved by the Board and authorised for issue on 16 December 2014
Director
Company Registration No. SC346395
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
The company made profits during the year and at the year end had a positive balance sheet. The director considers that this will continue to be the case for the foreseeable future and on this basis the accounts have been prepared as a going concern.
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
1.4
Goodwill
1.5
Tangible fixed assets and depreciation
Computer equipment
Fixtures, fittings & equipment
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2013
305,841
Additions
-
5,604
At 31 March 2014
311,445
Depreciation
At 1 April 2013
72,426
Charge for the year
16,840
At 31 March 2014
89,266
Net book value
At 31 March 2014
222,179
At 31 March 2013
233,415
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid