REGISTERED NUMBER: 08998002 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Peter Young Design Limited

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

P G Young

REGISTERED OFFICE:

1 Thorpe Road

St. Albans

Hertfordshire

AL1 1RF

REGISTERED NUMBER:

08998002 (England and Wales)

ACCOUNTANTS:

Euro Andertons LLP

2nd Floor,

39 Ludgate Hill

London

EC4M 7JN

FIXED ASSETS

2,381

4,413

CURRENT ASSETS

194,771

129,972

CREDITORS

Amounts falling due within one year

(132,963

)

(37,160

)

NET CURRENT ASSETS

61,808

92,812

TOTAL ASSETS LESS CURRENT LIABILITIES

64,189

97,225

CAPITAL AND RESERVES

64,189

97,225

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and

31 March 2016:

31.3.17

31.3.16

£

£

P G Young

Balance outstanding at start of year

(139

)

(3,169

)

Amounts advanced

-

3,030

Amounts repaid

(217

)

-

Balance outstanding at end of year

(356

)

(139

)

The controlling party is Mr Peter Gavin Young.

At the balance Sheet date, the director Mr Peter Gavin Young owns 100% shares within the company.

Therefore, he is the ultimate controlling parties by the virtue of shares.

Also, at the balance sheet date, the director owed £356 (2016: £139 Cr) to the Company. This was an interest

free loan to the Director.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 December 2017 and were signed by:

P G Young - Director