Company Registration No. 09737457 (England and Wales)
PPMR LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2016
PPMR LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PPMR LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2016
31 August 2016
- 1 -
2016
Notes
£
£
Current assets
Cash at bank and in hand
2,824
Creditors: amounts falling due within one year
(3,034)
Total assets less current liabilities
(210)
Capital and reserves
Called up share capital
2
1
Profit and loss account
(211)
Shareholder's funds
(210)
For the financial period ended 31 August 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 member has not required the company to obtain an audit of its financial statements for the period 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 for issue on 9 May 2017
Mr P McGirr
Director
Company Registration No. 09737457
PPMR LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 AUGUST 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).
At the balance sheet date, the company's current liabilities exceeded its current assets. The company has received assurance from the
sole
director that
he
will continue to give financial support to the company for twelve months from the date of signing these financial statements.
On this basis, the director consider
s
it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. These accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate
.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for services.
2
Share capital
2016
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1