PAYCE CONSULTING LIMITED

Company Registration Number:
06165290 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

PAYCE CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2016

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

PAYCE CONSULTING LIMITED

Company Information

for the Period Ended 31 December 2016




Director: Mr. Paul Gaye
Secretary: Miss Tricia George
Registered office: 45
Boston Road
Croydon
Surrey
CR0 3EG
Company Registration Number: 06165290 (England and Wales)

PAYCE CONSULTING LIMITED

Directors' Report Period Ended 31 December 2016

The directors present their report with the financial statements of the company for the period ended 31 December 2016

Principal Activities

Accountancy, Assurance and Business/Management Consultancy Services.

Political and charitable donations

None

Company policy on the employment of disabled persons

The company is an equal opportunities employer.

Directors

The directors shown below have held office during the whole of the period from 01 January 2016 to 31 December 2016
Mr. Paul Gaye

Secretary
Miss Tricia George

This report was approved by the board of directors on 20 September 2017
And Signed On Behalf Of The Board By:

Name: Mr. Paul Gaye
Status: Director

PAYCE CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 December 2016


Notes

2016
£

2015
£
Turnover 513 500
Cost of sales (345) (509)
Gross Profit or (Loss) 168 (9)
Distribution Costs (0) (0)
Administrative Expenses (1,966) (3,909)
Other operating income 0 0
Operating Profit or (Loss) (1,798) (3,918)
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges (0) (0)
Profit or (Loss) Before Tax (1,798) (3,918)
Tax on Profit (0) (0)
Profit or (Loss) for Period (1,798) (3,918)

The notes form part of these financial statements

PAYCE CONSULTING LIMITED

Balance sheet

As at 31 December 2016


Notes

2016
£

2015
£
Fixed assets
Current assets
Debtors: 3 100 100
Total current assets: 100 100
Prepayments and accrued income: 0 81
Creditors: amounts falling due within one year: 4 ( 23,047 ) ( 21,280 )
Net current assets (liabilities): ( 22,947 ) ( 21,099 )
Total assets less current liabilities: ( 22,947 ) ( 21,099 )
Accruals and deferred income: ( 49 )
Total net assets (liabilities): ( 22,947 ) ( 21,148 )

The notes form part of these financial statements

PAYCE CONSULTING LIMITED

Balance sheet continued

As at 31 December 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 23,047 ) ( 21,248 )
Shareholders funds: ( 22,947 ) ( 21,148 )

For the year ending 31 December 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 September 2017
And Signed On Behalf Of The Board By:

Name: Mr. Paul Gaye
Status: Director

The notes form part of these financial statements

PAYCE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised after work has been completed.

    Tangible fixed assets depreciation policy

    Depreciation/Amortization if any, is calculated on a Straight Line Method

    Intangible fixed assets amortisation policy

    Not applicable.

    Valuation information and policy

    Not applicable.

    Other accounting policies

    Not applicable.

PAYCE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

  • 2. Employees


    2016

    2015
    Average number of employees during the period 1 1

    The employee did not receive any remuneration during the year.

PAYCE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Debtors


2016
£

2015
£
Trade debtors 100 100
Total 100 100

PAYCE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

4.Creditors: amounts falling due within one year note


2016
£

2015
£
Bank loans and overdrafts 493 508
Trade creditors 22,554 20,772
Total 23,047 21,280

PAYCE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

5. Revaluation reserve


2016
£
Balance at 31 December 2016 0