PPD LEARNING LIMITED Filleted accounts for Companies House (small and micro)

PPD LEARNING LIMITED Filleted accounts for Companies House (small and micro)

PPD LEARNING LIMITED - Company Information

Print Friendly Version

false false false false false false false false false true false false false false false false false No description of principal activity 2017-04-01 Sage Accounts Production Advanced 2018 - FRS 683 683 xbrli:pure xbrli:shares iso4217:GBP 04708597 2017-04-01 2018-03-31 04708597 2018-03-31 04708597 2016-04-01 2017-03-31 04708597 2017-03-31 04708597 bus:Director1 2017-04-01 2018-03-31 04708597 core:WithinOneYear 2018-03-31 04708597 core:WithinOneYear 2017-03-31 04708597 core:ShareCapital 2018-03-31 04708597 core:ShareCapital 2017-03-31 04708597 core:RetainedEarningsAccumulatedLosses 2018-03-31 04708597 core:RetainedEarningsAccumulatedLosses 2017-03-31 04708597 bus:Director1 2017-03-31 04708597 bus:Director1 2018-03-31 04708597 bus:Director1 2016-03-31 04708597 bus:Director1 2017-03-31 04708597 bus:Director1 2016-04-01 2017-03-31 04708597 bus:SmallEntities 2017-04-01 2018-03-31 04708597 bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 04708597 bus:FullAccounts 2017-04-01 2018-03-31 04708597 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 04708597 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 04708597 core:OfficeEquipment 2017-04-01 2018-03-31 04708597 core:OfficeEquipment 2018-03-31
COMPANY REGISTRATION NUMBER: 04708597
PPD LEARNING LIMITED
Filleted Unaudited Financial Statements
31 March 2018
PPD LEARNING LIMITED
Statement of Financial Position
31 March 2018
2018
2017
Note
£
£
£
Current assets
Debtors
6
332
6,759
Cash at bank and in hand
21,214
16,860
--------
--------
21,546
23,619
Creditors: amounts falling due within one year
7
21,242
40,257
--------
--------
Net current assets/(liabilities)
304
( 16,638)
----
--------
Total assets less current liabilities
304
( 16,638)
----
--------
Net assets/(liabilities)
304
( 16,638)
----
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
303
( 16,639)
----
--------
Shareholders funds/(deficit)
304
( 16,638)
----
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 December 2018 , and are signed on behalf of the board by:
Judith Lowe
Director
Company registration number: 04708597
PPD LEARNING LIMITED
Notes to the Financial Statements
Year ended 31 March 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
50% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities .
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2017 and 31 March 2018
683
683
----
----
Depreciation
At 1 April 2017 and 31 March 2018
683
683
----
----
Carrying amount
At 31 March 2018
–
–
----
----
At 31 March 2017
–
–
----
----
6. Debtors
2018
2017
£
£
Trade debtors
–
6,621
Other debtors
332
138
----
-------
332
6,759
----
-------
7. Creditors: amounts falling due within one year
2018
2017
£
£
Trade creditors
129
1,512
Social security and other taxes
–
834
Other creditors
21,113
37,911
--------
--------
21,242
40,257
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2018
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Judith Lowe
( 19,791)
8,692
( 11,099)
--------
-------
--------
2017
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Judith Lowe
( 26,512)
6,721
( 19,791)
--------
-------
--------