Company Registration No. 04277435 (England and Wales)
Paul Massey Associates Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2015
Paul Massey Associates Ltd
Abbreviated Balance Sheet
as at
31 March 2015
Cash at bank and in hand
4,642
6,957
Creditors: amounts falling due within one year
(7,531)
(10,378)
Net current assets
2,126
3,657
Called up share capital
2
2
Profit and loss account
2,690
3,655
Total shareholders' funds
2,692
3,657
For the year ending 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 1 June 2015
Paul Massey
Director
Company Registration No. 04277435
Paul Massey Associates Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
2
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
At 1 April 2014
4,210
968
5,178
Disposals
(1,252)
(968)
(2,220)
At 31 March 2015
3,713
-
3,713
At 1 April 2014
4,210
968
5,178
Charge for the year
189
-
189
On disposals
(1,252)
(968)
(2,220)
At 31 March 2015
3,147
-
3,147
At 31 March 2015
566
-
566
3
Share capital
2015
2014
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2