Company Registration No. 07289348 (England and Wales)
ARB PLUMBING AND HEATING SERVICES LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
ARB PLUMBING AND HEATING SERVICES LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ARB PLUMBING AND HEATING SERVICES LTD
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
5,259
5,114
Current assets
Debtors
21,522
20,747
Cash at bank and in hand
2,770
515
24,292
21,262
Creditors: amounts falling due within one year
(29,315)
(26,161)
Net current liabilities
(5,023)
(4,899)
Total assets less current liabilities
236
215
Capital and reserves
Called up share capital
3
102
102
Profit and loss account
134
113
Shareholders' funds
236
215
For the financial year ended 30 June 2016 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 30 March 2017
Mr R Blackwell
Director
Company Registration No. 07289348
ARB PLUMBING AND HEATING SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 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 January 2015).
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 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:
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2015
7,750
Additions
3,584
Disposals
(3,000)
At 30 June 2016
8,334
Depreciation
At 1 July 2015
2,635
On disposals
(1,313)
Charge for the year
1,753
At 30 June 2016
3,075
Net book value
At 30 June 2016
5,259
At 30 June 2015
5,114
ARB PLUMBING AND HEATING SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
1 Ordinary A share of £1 each
1
1
1 Ordinary B share of £1 each
1
1
102
102
4
Related party relationships and transactions
At the balance sheet date P Frost owed the company £ 8,637 (2015 £ 9 , 716) and R Blackwell owed the company £ 6,397 (201 5 : £9,998 ).
£
8,637
(2015
£
9
,
716)
and R Blackwell
owed
the company
£
6,397 (201
5
:
£9,998
).