P & E PLUMBING AND HEATING SERVICES LIMITED
|
For the year ended 30 September 2016
England and Wales
Registered Number: 04139545
Abbreviated Balance Sheet
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P & E PLUMBING AND HEATING SERVICES LIMITED
2016
2015
2
-
27,000
3
16,535
21,977
16,535
48,977
14,350
3,000
25,385
18,663
47,785
68,213
69,448
107,948
Creditors
:
amounts falling due within one year
|
(138,396)
(72,864)
(30,448)
(3,416)
Net current liabilities
Total assets less current liabilities
|
13,119
18,529
Creditors
:
amounts falling due after more than one year
|
4
(16,593)
(11,076)
2,043
Net assets
1,936
2
5
2
2,041
1,934
2,043
1,936
Shareholders funds
For the year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime as set out in Part 15 of the Companies Act 2006, and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Date approved by the board: 28 March 2017
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PAUL FRANCES O'SULLIVAN Director
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Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
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P & E PLUMBING AND HEATING SERVICES LIMITED
For the year ended 30 September 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 represents the sales value of goods and service provided, less returns and allowances, excluding value added tax.
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In the opinion of the Directors, having considered the liability method, there is no material tax liability which could crystallise in the foreseeable future.
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Intangible Fixed Assets are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives: Goodwill……Written off over a period of ten years.
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Tangible Fixed Assets are stated at cost, less depreciation. Depreciation is calculated to write off fixed assets over their useful lives, at the following annual rates: Plant and Equipment..... 15% on Written Down value Motor Vehicles............... 25% on Written Down value
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Stock and Work in Progress are valued at the lower of cost and net realisable value.
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2 of 3
Notes to the Abbreviated Financial Statements
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P & E PLUMBING AND HEATING SERVICES LIMITED
For the year ended 30 September 2016
2
Intangible fixed assets
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270,000
270,000
243,000
27,000
Charge for year
270,000
-
27,000
31,401
31,401
9,424
5,442
Charge for year
14,866
16,535
21,977
4
Creditors
:
amounts falling due after one year
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This includes Hire Purchase repayable within five years of £16,593 (2014, £9,507).
Allotted called up and fully paid
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2016
2015
2
Ordinary shares of £
1
.
00
each
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2
2
2
2
3 of 3