Registration number:
for the Year Ended
Psyservices Limited
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Psyservices Limited
Company Information
Director |
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Registered office |
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Accountants |
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Psyservices Limited
Director's Report for the Year Ended 31 January 2016
The director presents his report and the unaudited financial statements for the year ended 31 January 2016.
Director of the company
The director who held office during the year was as follows:
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on
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Dr Nicholas James Banks
Director
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Psyservices Limited
for the Year Ended 31 January 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Psyservices Limited for the year ended 31 January 2016 set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Psyservices Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Psyservices Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Psyservices Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Psyservices Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Psyservices Limited. You consider that Psyservices Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Psyservices Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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HCB Accountants (Sterling) Limited
The Old Bank Chambers
27 Lincoln Croft
Shenstone
Staffordshire
WS14 0ND
26 October 2016
Psyservices Limited
Profit and Loss Account for the Year Ended 31 January 2016
Note |
2016
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2015
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Turnover |
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Administrative expenses |
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Operating (loss)/profit |
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Other interest receivable and similar income |
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Interest payable and similar charges |
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- |
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(Loss)/profit on ordinary activities before taxation |
( |
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Tax on (loss)/profit on ordinary activities |
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(Loss)/profit for the financial year |
( |
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4
Psyservices Limited
(Registration number: 07896310)
Balance Sheet at 31 January 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved and authorised for issue by the director on
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Dr Nicholas James Banks
Director
5
Psyservices Limited
Notes to the Financial Statements for the Year Ended 31 January 2016
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Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Fixtures and Fittings |
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Deferred tax
Financial instruments
Operating (loss)/profit |
Operating (loss)/profit is stated after charging:
2016
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2015
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Depreciation of tangible fixed assets |
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Psyservices Limited
Notes to the Financial Statements for the Year Ended 31 January 2016
......... continued
Taxation |
Tax on (loss)/profit on ordinary activities
2016
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2015
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Current tax |
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Corporation tax charge |
- |
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Deferred tax |
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Origination and reversal of timing differences |
( |
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Total tax on (loss)/profit on ordinary activities |
( |
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Tangible fixed assets |
Fixtures and fittings
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Total
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Cost or valuation |
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At 1 February 2015 |
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Depreciation |
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At 1 February 2015 |
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Charge for the year |
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At 31 January 2016 |
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Net book value |
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At 31 January 2016 |
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At 31 January 2015 |
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Debtors |
2016
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2015
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Psyservices Limited
Notes to the Financial Statements for the Year Ended 31 January 2016
......... continued
Creditors: Amounts falling due within one year |
2016
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2015
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Trade creditors |
- |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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- |
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Corporation tax |
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Other taxes and social security |
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Other creditors |
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Provisions |
Deferred tax
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Total
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At 1 February 2015 |
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Charged to the profit and loss account |
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At 31 January 2016 |
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Analysis of deferred tax |
2016
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2015
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Difference between accumulated depreciation and amortisation and capital allowances |
( |
( |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Psyservices Limited
Notes to the Financial Statements for the Year Ended 31 January 2016
......... continued
Dividends |
2016
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2015
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Dividends paid |
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Current year interim dividend paid |
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Reserves |
Profit and loss account
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Total
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At 1 February 2015 |
138,743 |
138,743 |
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Loss for the year |
(27,938) |
( |
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Dividends |
(20,000) |
( |
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At 31 January 2016 |
90,805 |
90,805 |
Control |
The company is controlled by the director who owns 100% of the called up share capital.