Abbreviated Company Accounts - PIPELINE PLUMBING SOUTHWEST LTD

PIPELINE PLUMBING SOUTHWEST LTD - Company Information

Registered Number 07496578

PIPELINE PLUMBING SOUTHWEST LTD

Abbreviated Accounts

31 January 2015

PIPELINE PLUMBING SOUTHWEST LTD Registered Number 07496578

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	14,005	5,329
		14,005	5,329
Current assets
Debtors		5,348	7,648
Cash at bank and in hand		10,721	4,901
		16,069	12,549
Creditors: amounts falling due within one year		(16,287)	(17,733)
Net current assets (liabilities)		(218)	(5,184)
Total assets less current liabilities		13,787	145
Creditors: amounts falling due after more than one year		(11,214)	-
Total net assets (liabilities)		2,573	145
Capital and reserves
Called up share capital		1	1
Profit and loss account		2,572	144
Shareholders' funds		2,573	145

For the year ending 31 January 2015 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 26 June 2015

And signed on their behalf by:
Daniel Linton, Director

PIPELINE PLUMBING SOUTHWEST LTD Registered Number 07496578

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 consists of the invoiced value (excluding VAT) receivable by the company in the ordinary course of business for goods supplied and for services supplied as a principal.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost, less estimated residual value, of tangible fixed assets over their estimated useful lives to the business. Where there is evidence of impairment, fixed assets are written down to receivable amount. Any such write down would be charged to operating profit.
Motor Vehicles 25% Reducing balance
Computers 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2014	9,474
Additions	13,344
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	22,818
Depreciation
At 1 February 2014	4,145
Charge for the year	4,668
On disposals	-
At 31 January 2015	8,813
Net book values
At 31 January 2015	14,005
At 31 January 2014	5,329