Poli-chrome Engineers (Moulds) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01235938 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

Poli-chrome Engineers (Moulds) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Lusby

C Phillipson

REGISTERED OFFICE:

Adswood Industrial Estate

Adswood Road

Stockport

SK3 8LF

REGISTERED NUMBER:

01235938 (England and Wales)

ACCOUNTANTS:

Paul Summers & Co

28A Church Lane

Marple

Stockport

Cheshire

SK6 6DE

FIXED ASSETS

Tangible assets

4

45,546

46,692

CURRENT ASSETS

Stocks

2,326

3,362

Debtors

5

31,991

27,538

Cash at bank and in hand

91,385

96,478

125,702

127,378

CREDITORS

Amounts falling due within one year

6

(17,408

)

(16,226

)

NET CURRENT ASSETS

108,294

111,152

TOTAL ASSETS LESS CURRENT LIABILITIES

153,840

157,844

PROVISIONS FOR LIABILITIES

(2,444

)

(2,444

)

NET ASSETS

151,396

155,400

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

150,396

154,400

SHAREHOLDERS' FUNDS

151,396

155,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 February 2019 and were signed on its behalf by:

I Lusby - Director

1.	STATUTORY INFORMATION

Poli-chrome Engineers (Moulds) Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on

the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2017

and 30 November 2018

35,226

89,289

124,515

DEPRECIATION

At 1 December 2017

-

77,823

77,823

Charge for year

-

1,146

1,146

At 30 November 2018

-

78,969

78,969

NET BOOK VALUE

At 30 November 2018

35,226

10,320

45,546

At 30 November 2017

35,226

11,466

46,692

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/18

30/11/17

£

£

Trade debtors

27,700

23,247

Other debtors

4,291

4,291

31,991

27,538

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/18

30/11/17

£

£

Taxation and social security

16,314

15,368

Other creditors

1,094

858

17,408

16,226

7.	ULTIMATE CONTROLLING PARTY

The controlling party is I Lusby.