P C Systems (Development) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02336156

P C SYSTEMS (DEVELOPMENT) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

7,531

9,798

CURRENT ASSETS

Debtors

2,437

5,880

Cash at bank

9,125

6,793

11,562

12,673

CREDITORS

Amounts falling due within one year

(21,729

)

(26,011

)

NET CURRENT LIABILITIES

(10,167

)

(13,338

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,636

)

(3,540

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(2,638

)

(3,542

)

SHAREHOLDERS' FUNDS

(2,636

)

(3,540

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 December 2014 and were signed by:

A J Bailey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents sales of services. Turnover is recognised when the services are provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% Straight line

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued support of

the director. The financial statements do not include any adjustments that would result from a withdrawal of

support by the director.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

44,537

Additions

2,950

At 31 March 2014

47,487

DEPRECIATION

At 1 April 2013

34,739

Charge for year

5,217

At 31 March 2014

39,956

NET BOOK VALUE

At 31 March 2014

7,531

At 31 March 2013

9,798

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2