Registered Number 03748320

PROVU COMMUNICATIONS LTD

Abbreviated Accounts

30 April 2013

PROVU COMMUNICATIONS LTD Registered Number 03748320

Abbreviated Balance Sheet as at 30 April 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets - -
Tangible assets 2 53,718 16,035
Investments - -
53,718 16,035
Current assets
Stocks 284,237 223,363
Debtors 3 360,408 252,450
Investments - -
Cash at bank and in hand 162,352 129,715
806,997 605,528
Creditors: amounts falling due within one year 4 (465,025) (368,740)
Net current assets (liabilities) 341,972 236,788
Total assets less current liabilities 395,690 252,823
Total net assets (liabilities) 395,690 252,823
Capital and reserves
Called up share capital 400 380
Profit and loss account 395,290 252,443
Shareholders' funds 395,690 252,823
  • For the year ending 30 April 2013 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 September 2013

And signed on their behalf by:
D Garland, Director
A P Hayes, Director

PROVU COMMUNICATIONS LTD Registered Number 03748320

Notes to the Abbreviated Accounts for the period ended 30 April 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at rates designed to write off each asset over its estimated working life

Other accounting policies
Stock is valued at the lower of cost and net realisable value, after making allowances for obsolete and slow moving items

2Tangible fixed assets
£
Cost
At 1 May 2012 38,674
Additions 46,873
Disposals -
Revaluations -
Transfers -
At 30 April 2013 85,547
Depreciation
At 1 May 2012 22,639
Charge for the year 9,190
On disposals -
At 30 April 2013 31,829
Net book values
At 30 April 2013 53,718
At 30 April 2012 16,035
3Debtors
2013
£
2012
£
Debtors include the following amounts due after more than one year 360,408 252,450
4Creditors
2013
£
2012
£
Secured Debts 465,025 368,740

5Transactions with directors

Name of director receiving advance or credit: Mr P J Bryant
Description of the transaction: Rent paid
Balance at 1 May 2012: £ 70,316
Advances or credits made: £ 0
Advances or credits repaid: £ 0
Balance at 30 April 2013: £ 70,316

During the year the company paid rent of £13750 and a management fee of £15000 to Mr Bryant