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REGISTERED NUMBER: 07818526 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

THE PLATT PARTNERSHIP LIMITED

THE PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

THE PLATT PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTORS: Mr Kenneth Platt
Mr Thomas Michael Lewis
Mr Michael Platt





REGISTERED OFFICE: St James's House
2 Shore Road
Ainsdale
Southport
PR8 2RB





REGISTERED NUMBER: 07818526 (England and Wales)





ACCOUNTANTS: Woods Squared Limited
Chartered Certified Accountants
49 Hamilton Square
Birkenhead
Wirral
CH41 5AR

THE PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 875,950 925,750
Tangible assets 3 15,294 14,557
891,244 940,307

CURRENT ASSETS
Debtors 55,290 31,957
Cash at bank and in hand 50,607 32,107
105,897 64,064
CREDITORS
Amounts falling due within one year 328,374 399,927
NET CURRENT LIABILITIES (222,477 ) (335,863 )
TOTAL ASSETS LESS CURRENT LIABILITIES 668,767 604,444

CREDITORS
Amounts falling due after more than
one year

4

(461,360

)

(401,145

)

PROVISIONS FOR LIABILITIES (3,059 ) (2,911 )
NET ASSETS 204,348 200,388

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 204,248 200,288
SHAREHOLDERS' FUNDS 204,348 200,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 31 May 2016 and were signed
on its behalf by:





Mr Kenneth Platt - Director


THE PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective January
2015).

Changes in accounting policies
The amortisation of the goodwill has been changed from 7 years to 15 years to better reflect
the lifetime value of the goodwill purchased.

Turnover
Turnover represents amounts chargeable in respect of the sale of goods and services to
customers.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in the
accounting period ended 31 March 2013, is being amortised evenly over its estimated useful
life of fifteen years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 1,587,000
Additions 60,000
At 31 December 2015 1,647,000
AMORTISATION
At 1 January 2015 661,250
Amortisation for year 109,800
At 31 December 2015 771,050
NET BOOK VALUE

At 31 December 2015 875,950
At 31 December 2014 925,750

THE PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 26,727
Additions 5,890
At 31 December 2015 32,617
DEPRECIATION
At 1 January 2015 12,170
Charge for year 5,153
At 31 December 2015 17,323
NET BOOK VALUE
At 31 December 2015 15,294
At 31 December 2014 14,557

4. CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.15 31.12.14
£    £   
Repayable by instalments 12,806 13,049

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
100 Ordinary £1 100 100

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended
31 December 2015 and the period ended 31 December 2014:

31.12.15 31.12.14
£    £   
Mr Kenneth Platt
Balance outstanding at start of year (46,102 ) (52,957 )
Amounts advanced 417,335 169,133
Amounts repaid (350,414 ) (162,278 )
Balance outstanding at end of year 20,819 (46,102 )

THE PLATT PARTNERSHIP LIMITED (REGISTERED NUMBER: 07818526)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr Thomas Michael Lewis
Balance outstanding at start of year (41,003 ) -
Amounts advanced 217,335 74,777
Amounts repaid (155,476 ) (115,780 )
Balance outstanding at end of year 20,856 (41,003 )