L.C.P Plumbing Ltd - Period Ending 2014-10-31

Registration number: 05263449

L.C.P Plumbing Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Ashmore & McGill Chartered Certified Accountants
Chartered Certified Accountants
1 Fisher Lane
Bingham
Nottingham
NG13 8BQ

L.C.P Plumbing Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

L.C.P Plumbing Ltd
(Registration number: 05263449)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					2,461			4,766
Current assets
Debtors					5,886			8,941
Cash at bank and in hand					20,352			10,083
					26,238			19,024
Creditors: Amounts falling due within one year					(28,569)			(20,387)
Net current liabilities					(2,331)			(1,363)
Net assets					130			3,403
Capital and reserves
Called up share capital		3			5			5
Profit and loss account					125			3,398
Shareholders' funds					130			3,403

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 director acknowledges his 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 director on 23 April 2015

.........................................
Mr Lee Pinnock
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

L.C.P Plumbing Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Van	20% straight line

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2013		12,300			12,300
Additions		194			194
At 31 October 2014		12,494			12,494
Depreciation
At 1 November 2013		7,534			7,534
Charge for the year		2,499			2,499
At 31 October 2014		10,033			10,033
Net book value
At 31 October 2014		2,461			2,461
At 31 October 2013		4,766			4,766

Page 2

L.C.P Plumbing Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Share Capital of £1 each		5			5			5			5

Page 3