Registered Number 09439744
P WALKER PLUMBING AND HEATING LTD
Abbreviated Accounts
31 March 2016
Notes | 2016 | ||
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£ | |||
Current assets | |||
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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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all its liabilities. Where shares are issued, any component that creates a financial liability of the component is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charges as interest expense in the profit and loss account.
3 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 13 February 2015: | - | |
Advances or credits made: | £ |
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Advances or credits repaid: |
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Balance at 31 March 2016: | £ |