Company Registration No. 3311416 (England and Wales)
ALL HOURS DRAIN AND PLUMBING SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
ALL HOURS DRAIN AND PLUMBING SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ALL HOURS DRAIN AND PLUMBING SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
42,224
44,061
Current assets
Stocks
3,752
5,000
Debtors
161,220
148,357
Cash at bank and in hand
375
587
165,347
153,944
Creditors: amounts falling due within one year
(205,126)
(175,717)
Net current liabilities
(39,779)
(21,773)
Total assets less current liabilities
2,445
22,288
Creditors: amounts falling due after more than one year
(1,234)
(6,177)
1,211
16,111
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
211
15,111
Shareholders' funds
1,211
16,111
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 31 March 2016
Mr Stephen Guest
Director
Company Registration No. 3311416
ALL HOURS DRAIN AND PLUMBING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% Reducing Balance
Fixtures, fittings & equipment
15% Reducing Balance
Motor vehicles
25% Reducing Balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
144,128
Additions
12,200
At 31 March 2015
156,328
Depreciation
At 1 April 2014
100,066
Charge for the year
14,038
At 31 March 2015
114,104
Net book value
At 31 March 2015
42,224
At 31 March 2014
44,061
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary Shares of £1 each
1,000
1,000