Abbreviated Company Accounts - IPC WINDOWS AND PLASTICS LIMITED

IPC WINDOWS AND PLASTICS LIMITED - Company Information

04865026 IPC WINDOWS AND PLASTICS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 04865026 2013-11-01 2014-10-31 04865026 2014-10-31 04865026 2013-10-31 04865026 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 04865026 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-10-31 iso4217:GBP shares

Registered Number 04865026

IPC WINDOWS AND PLASTICS LIMITED

Abbreviated Accounts

31 October 2014

IPC WINDOWS AND PLASTICS LIMITED Registered Number 04865026

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	50,345	34,834
		50,345	34,834
Current assets
Stocks		21,400	4,065
Debtors		274,445	241,767
Cash at bank and in hand		26,925	39,705
		322,770	285,537
Creditors: amounts falling due within one year		(172,123)	(168,504)
Net current assets (liabilities)		150,647	117,033
Total assets less current liabilities		200,992	151,867
Creditors: amounts falling due after more than one year		(67,779)	(72,661)
Provisions for liabilities		(9,307)	0
Total net assets (liabilities)		123,906	79,206
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		123,806	79,106
Shareholders' funds		123,906	79,206

For the year ending 31 October 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 1 May 2015

And signed on their behalf by:
Mr I Griffiths, Director
Mrs S Griffiths, Director

IPC WINDOWS AND PLASTICS LIMITED Registered Number 04865026

Notes to the Abbreviated Accounts for the period ended 31 October 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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts, after allowing for work in progress.

Tangible assets depreciation policy
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:

Plant and machinery 20% Reducing balance basis
Fixtures, fittings and equipment 20% Reducing balance basis
Motor vehicles 25% Reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 November 2013	82,403
Additions	24,752
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	107,155
Depreciation
At 1 November 2013	47,569
Charge for the year	9,241
On disposals	-
At 31 October 2014	56,810
Net book values
At 31 October 2014	50,345
At 31 October 2013	34,834

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

	2014 £	2013 £
95 A Ordinary shares of £1 each (100 shares for 2013)	95	100
5 B Ordinary shares of £1 each (0 shares for 2013)	5	0