Company Registration No. 08918387 (England and Wales)
PRUDENTIA LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
PRUDENTIA LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PRUDENTIA LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,325
1,987
Current assets
Debtors
15,765
4,604
Cash at bank and in hand
6,934
9,775
22,699
14,379
Creditors: amounts falling due within one year
(16,322)
(7,891)
Net current assets
6,377
6,488
Total assets less current liabilities
7,702
8,475
Provisions for liabilities
(265)
(397)
7,437
8,078
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
7,436
8,077
Shareholders' funds
7,437
8,078
For the financial year ended 31 March 2016 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 16 August 2016
Mr P H M Lovett
Director
Company Registration No. 08918387
PRUDENTIA LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% straight line
Fixtures, fittings & equipment
25% straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015 & at 31 March 2016
2,649
Depreciation
At 1 April 2015
662
Charge for the year
662
At 31 March 2016
1,324
Net book value
At 31 March 2016
1,325
At 31 March 2015
1,987
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1