For the period ended 31 July 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09709145
Pass Designs Limited
Accountants' Report
For the period ended 31 July 2016
As described in the balance sheet you are responsible for the preparation of the financial statements for the period
|
ended
31
July
2016
and you consider that the company is exempt from an audit under the Companies Act
2006
.
In
|
accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you to
|
fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Longhill Accounting Limited
1 Longhill Lodge
Ditcheat
Shepton Mallet
Somerset
BA4 6QR
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Notes to the Abbreviated Financial Statements
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Pass Designs Limited
For the period ended 31 July 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
747
747
249
Charge for period
249
498
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Notes to the Abbreviated Financial Statements
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Pass Designs Limited
For the period ended 31 July 2016
Allotted called up and fully paid
|
2016
100
Class A shares of £
1
.
00
each
|
100
100
100 Class A £1.00 shares have been issued during the period at par for a cash consideration of £100.
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