Abbreviated Company Accounts - PLUMB-IN LIMITED

01954249 PLUMB-IN LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 01954249 2014-01-01 2014-12-31 01954249 2014-12-31 01954249 2013-12-31 01954249 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 01954249 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 01954249

PLUMB-IN LIMITED

Abbreviated Accounts

31 December 2014

PLUMB-IN LIMITED Registered Number 01954249

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	13,267	12,223
		13,267	12,223
Current assets
Stocks		48,123	45,585
Debtors		10,556	36,160
		58,679	81,745
Creditors: amounts falling due within one year		(45,746)	(72,371)
Net current assets (liabilities)		12,933	9,374
Total assets less current liabilities		26,200	21,597
Provisions for liabilities		(2,026)	(1,680)
Total net assets (liabilities)		24,174	19,917
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		24,074	19,817
Shareholders' funds		24,174	19,917

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 March 2015

And signed on their behalf by:
Mr M J Smith, Director

PLUMB-IN LIMITED Registered Number 01954249

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property - Straight line over 5 years
Fixtures & Fittings - Straight line over 5 years
Motor Vehicles - Straight line over 5 years

2Tangible fixed assets

	£
Cost
At 1 January 2014	181,539
Additions	8,209
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	189,748
Depreciation
At 1 January 2014	169,316
Charge for the year	7,165
On disposals	-
At 31 December 2014	176,481
Net book values
At 31 December 2014	13,267
At 31 December 2013	12,223

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100