Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
M A Pitcher Builders Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
M A Pitcher Builders Limited
for the Year Ended 30 November 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M A Pitcher Builders Limited for the year ended 30 November 2015 set out on pages from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of M A Pitcher Builders Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of M A Pitcher Builders Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M A Pitcher Builders Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that M A Pitcher Builders Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of M A Pitcher Builders Limited. You consider that M A Pitcher Builders Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of M A Pitcher Builders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Together Accounting Limited
De Vere House
90 St Faiths Lane
Norwich
Norfolk
NR1 1NE
10 August 2016
M A Pitcher Builders Limited
(Registration number: 8276485)
Abbreviated Balance Sheet at 30 November 2015
Note |
2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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( |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets/(liabilities) |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds/(deficit) |
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( |
Approved by the Board on
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Mr Mark Pitcher
Director
2
M A Pitcher Builders Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Commerical van |
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Plant and equipment |
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Computer equipment |
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Stock and work in progress
Deferred tax
M A Pitcher Builders Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Hire purchase and leasing
Financial instruments
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 December 2014 |
15,000 |
18,737 |
33,737 |
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Additions |
- |
1,531 |
1,531 |
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At 30 November 2015 |
15,000 |
20,268 |
35,268 |
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Depreciation |
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At 1 December 2014 |
15,000 |
5,760 |
20,760 |
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Charge for the year |
- |
3,955 |
3,955 |
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At 30 November 2015 |
15,000 |
9,715 |
24,715 |
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Net book value |
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At 30 November 2015 |
- |
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At 30 November 2014 |
- |
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M A Pitcher Builders Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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