Registered Number 09503675
PARISH ACCOUNTING SERVICES LIMITED
Abbreviated Accounts
31 December 2015
Notes | 2015 | ||
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Called up share capital not paid |
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Fixed assets | |||
Intangible assets | 2 |
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Current assets | |||
Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Intangible assets amortisation policy
The directors consider that OPAS has a useful economic life of ten years.
Amortisation of Other Intangible Fixed Asset 10% Straight line
Other accounting policies
The directors have considered all material risks and uncertainties facing the business, in particular its loans from the Birmingham Diocesan Trust, and the Westminster Roman Catholic Trust. These loans will not be called in the foreseeable future, it is envisaged that the company will establish sufficient income to repay the loan over a period, and that it will have sufficient revenue to service its costs. The directors therefore have a reasonable expectation that the business will continue for the foreseeable future.
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2015 |
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Amortisation | |
Charge for the year |
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On disposals |
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At 31 December 2015 |
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Net book values | |
At 31 December 2015 | 118,225 |
2015
£ |
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Debtors include the following amounts due after more than one year |
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VAT £1375
2015
£ |
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Non-instalment debts due after 5 years |
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