|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements |
|
for the Year Ended 28 February 2017 |
|
for |
|
PDA Search & Selection Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements |
|
for the Year Ended 28 February 2017 |
|
for |
|
PDA Search & Selection Limited |
PDA Search & Selection Limited (Registered number: 03934097) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 28 February 2017 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
PDA Search & Selection Limited |
|
Company Information |
for the Year Ended 28 February 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
Kepier House |
Belmont Business Park |
Durham |
DH1 1TW |
PDA Search & Selection Limited (Registered number: 03934097) |
|
Balance Sheet |
28 February 2017 |
|
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
Investments | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 9 |
|
|
Capital redemption reserve |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
PDA Search & Selection Limited (Registered number: 03934097) |
|
Notes to the Financial Statements |
for the Year Ended 28 February 2017 |
|
1. | STATUTORY INFORMATION |
|
PDA Search & Selection Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
The principal place of business is Stephenson House, Horsley Business Centre, Horsley, Northumberland, NE15 |
0NY. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" |
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of |
Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost |
convention. |
|
There were no material departures from that standard. |
|
These financial statements for the year ended 28 February 2017 are the first financial statements that comply |
with FRS 102 Section 1A small entities. The date of transition is 1 March 2015. |
|
The principal accounting policies adopted in the preparation of the financial statements are set out below and |
have remained unchanged from the previous year, and also have been consistently applied within the same |
accounts. |
|
Preparation of consolidated financial statements |
The financial statements contain information about PDA Search & Selection Limited as an individual company |
and do not contain consolidated financial information as the parent of a group. The company has taken the option |
under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Improvements to leasehold property | - |
|
Fixtures and fittings | - |
|
Computer equipment | - |
|
|
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
|
Financial instruments |
Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
PDA Search & Selection Limited (Registered number: 03934097) |
|
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2017 |
|
4. | TANGIBLE FIXED ASSETS |
Improvements |
to | Fixtures |
leasehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 March 2016 |
|
|
|
|
Additions |
|
|
|
|
At 28 February 2017 |
|
|
|
|
DEPRECIATION |
At 1 March 2016 |
|
|
|
|
Charge for year |
|
|
|
|
At 28 February 2017 |
|
|
|
|
NET BOOK VALUE |
At 28 February 2017 |
|
|
|
|
At 29 February 2016 |
|
|
|
|
|
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 March 2016 |
and 28 February 2017 |
|
NET BOOK VALUE |
At 28 February 2017 |
|
At 29 February 2016 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
|
|
Prepayments and accrued income |
|
|
|
|
PDA Search & Selection Limited (Registered number: 03934097) |
|
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2017 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
|
|
Amounts owed to group undertakings |
|
|
Corporation tax |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
Directors' current accounts | 6,824 | 12,287 |
Accruals and deferred income |
|
|
|
|
|
8. | LEASING AGREEMENTS |
|
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2017 | 2016 |
£ | £ |
Within one year |
|
|
Between one and five years |
|
|
In more than five years |
|
|
|
|
|
9. | CALLED UP SHARE CAPITAL |
|
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
|
Ordinary | £1 | 100 | 100 |
|
10. | RELATED PARTY DISCLOSURES |
|
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
transactions with wholly owned subsidiaries within the group. |
|
There were no related party transactions other than those concluded under normal market conditions, except for |
those shown below. |
|
|
2017 | 2016 |
£ | £ |
|
Amounts due to directors |
|
6,824 |
|
12,287 |
No interest has been charged. |
|
11. | FIRST YEAR ADOPTION |
|
The company has adopted FRS 102 Section 1A for the period ended 28 February 2017. No adjustments were |
required upon transition. |
PDA Search & Selection Limited (Registered number: 03934097) |
|
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2017 |
|
11. | FIRST YEAR ADOPTION - continued |
|
Transitional relief |
On transition to FRS 102, the company has taken advantage of the following transitional relief: |
|
• |
to measure investment in subsidiaries, associates and joint ventures at cost determined in accordance with
Section 9 Consolidated and Separate Financial Statements, Section 14 Investments in Associates or Section 15 Investments in Joint Ventures. |