A M Heating & Plumbing Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04897533

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

A M HEATING & PLUMBING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A R Mould

SECRETARY:

Mrs J J Mould

REGISTERED OFFICE:

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

REGISTERED NUMBER:

04897533

ACCOUNTANTS:

Adams Beeny Limited

Chartered Certified Accountants

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

2,398

3,059

2,398

3,059

CURRENT ASSETS

Stocks

1,350

1,200

Debtors

8,394

4,667

Cash at bank

9,182

1,499

18,926

7,366

CREDITORS

Amounts falling due within one year

39,290

19,665

NET CURRENT LIABILITIES

(20,364

)

(12,299

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,966

)

(9,240

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(17,968

)

(9,242

)

SHAREHOLDERS' FUNDS

(17,966

)

(9,240

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 June 2015 and were signed by:

A R Mould - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

20,000

AMORTISATION

At 1 October 2013

and 30 September 2014

20,000

NET BOOK VALUE

At 30 September 2014

-

At 30 September 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

9,679

DEPRECIATION

At 1 October 2013

6,620

Charge for year

661

At 30 September 2014

7,281

NET BOOK VALUE

At 30 September 2014

2,398

At 30 September 2013

3,059

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

2

Ordinary

£1

2

2