Peritus Building Service Engineers Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06434663 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

PERITUS BUILDING SERVICE ENGINEERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Mouzer

SECRETARY:

Ms L Musgrove

REGISTERED OFFICE:

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

REGISTERED NUMBER:

06434663 (England and Wales)

ACCOUNTANTS:

Richard Edwards Group LLP

Chartered Certified Accountants

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

FIXED ASSETS

Tangible assets

2

13,927

17,969

CURRENT ASSETS

Stocks

1,050

1,000

Debtors

8,738

12,499

Cash at bank

51,245

45,900

61,033

59,399

CREDITORS

Amounts falling due within one year

56,853

59,347

NET CURRENT ASSETS

4,180

52

TOTAL ASSETS LESS CURRENT LIABILITIES

18,107

18,021

CREDITORS

Amounts falling due after more than one year

-

(7,747

)

PROVISIONS FOR LIABILITIES

(2,785

)

(3,594

)

NET ASSETS

15,322

6,680

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

15,312

6,670

SHAREHOLDERS' FUNDS

15,322

6,680

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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:

D Mouzer - 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 the net invoiced sale of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is only recognised in respect of all material timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under

finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period.

The capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

35,439

Additions

514

At 30 November 2014

35,953

DEPRECIATION

At 1 December 2013

17,470

Charge for year

4,556

At 30 November 2014

22,026

NET BOOK VALUE

At 30 November 2014

13,927

At 30 November 2013

17,969

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the period, the director made loans to the company in order to meet working capital requirements.

The balance at 30 November 2014 of £29,327 (2013 : £29,224), is included within creditors falling due within

one year. The loan is unsecured, interest free and repayable on demand.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is D Mouzer.