P & S Building Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04416868 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st October 2014

for

P & S Building Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms S S Ridley

SECRETARY:

Mrs L Waters

REGISTERED OFFICE:

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

REGISTERED NUMBER:

04416868 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Authorised Public Accountants

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

FIXED ASSETS

Tangible assets

2

53,944

56,054

CURRENT ASSETS

Debtors

36,888

41,967

Cash at bank

1,172

1,825

38,060

43,792

CREDITORS

Amounts falling due within one year

66,183

69,653

NET CURRENT LIABILITIES

(28,123

)

(25,861

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,821

30,193

CREDITORS

Amounts falling due after more than one year

3

36,817

40,591

NET LIABILITIES

(10,996

)

(10,398

)

CAPITAL AND RESERVES

Called up share capital

4

110

110

Profit and loss account

(11,106

)

(10,508

)

SHAREHOLDERS' FUNDS

(10,996

)

(10,398

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26th June 2015 and were signed by:

Ms S S Ridley - Director

1.	ACCOUNTING POLICIES

Going concern

The financial statements have been prepared under the going concern basis, notwithstanding the

deficiency of net assets, on the basis that the director of the company has confirmed that the

necessary funds will be made available to enable the company to meet its liabilities as and when they

fall due.

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, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

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 etc

-

20% on cost and 15% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2013

and 31st October 2014

74,689

DEPRECIATION

At 1st November 2013

18,635

Charge for year

2,110

At 31st October 2014

20,745

NET BOOK VALUE

At 31st October 2014

53,944

At 31st October 2013

56,054

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

13,817

14,091

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100

9

'A'

1

9

9

1

'B'

1

1

1

110

110