REGISTERED NUMBER: 07128318 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Pia Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V. S. A. Spano

SECRETARY:

Mrs G. Caccamo

REGISTERED OFFICE:

9 Vermont Place

Milton Keynes

Buckinghamshire

MK15 8JA

REGISTERED NUMBER:

07128318 (England and Wales)

ACCOUNTANTS:

Constantine & Co Ltd

9 Vermont Place

Milton Keynes

Buckinghamshire

MK15 8JA

FIXED ASSETS

Tangible assets

4

20,075

3,388

CURRENT ASSETS

Debtors

5

667,491

502,893

Cash at bank and in hand

460,544

4

1,128,035

502,897

CREDITORS

Amounts falling due within one year

6

300,338

264,345

NET CURRENT ASSETS

827,697

238,552

TOTAL ASSETS LESS CURRENT LIABILITIES

847,772

241,940

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

847,672

241,939

SHAREHOLDERS' FUNDS

847,772

241,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 December 2017 and were signed by:

V. S. A. Spano - Director

1.	STATUTORY INFORMATION

Pia Consultants Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

6,676

Additions

23,343

Disposals

(3,466

)

At 31 March 2017

26,553

DEPRECIATION

At 1 April 2016

3,288

Charge for year

4,997

Eliminated on disposal

(1,807

)

At 31 March 2017

6,478

NET BOOK VALUE

At 31 March 2017

20,075

At 31 March 2016

3,388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

112,145

27,306

Other debtors

555,346

475,587

667,491

502,893

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

20,643

133,428

Trade creditors

2,673

326

Taxation and social security

173,663

69,125

Other creditors

103,359

61,466

300,338

264,345

7.	ULTIMATE CONTROLLING PARTY

The controlling party is V. S. A. Spano.