Registered Number 07161582

PERL RIVER CRUISES LIMITED

Abbreviated Accounts

31 October 2016

PERL RIVER CRUISES LIMITED Registered Number 07161582

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 1,174 1,261
1,174 1,261
Current assets
Debtors 33,201 101,874
Cash at bank and in hand 17,200 6,286
50,401 108,160
Creditors: amounts falling due within one year (95,169) (145,202)
Net current assets (liabilities) (44,768) (37,042)
Total assets less current liabilities (43,594) (35,781)
Total net assets (liabilities) (43,594) (35,781)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (43,694) (35,881)
Shareholders' funds (43,594) (35,781)
  • For the year ending 31 October 2016 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 14 July 2017

And signed on their behalf by:
S C Perl, Director

PERL RIVER CRUISES LIMITED Registered Number 07161582

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the
year and derives from the provision of services falling within the company's ordinary activities. Income and related costs are recognised in the profit & loss account on the date of departure.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment – 25% straight line

Other accounting policies
Foreign currencies:

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

Going concern:
The director has undertaken not to demand repayment of his loan account until such time as the company is able to meet liabilities from its own resources.

2 Tangible fixed assets
£
Cost
At 1 November 2015 3,202
Additions 774
Disposals -
Revaluations -
Transfers -
At 31 October 2016 3,976
Depreciation
At 1 November 2015 1,941
Charge for the year 861
On disposals -
At 31 October 2016 2,802
Net book values
At 31 October 2016 1,174
At 31 October 2015 1,261
3 Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100

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