PVR Contracting Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07427653 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

PVR Contracting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Smales

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

07427653 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

2

74,521

46,840

CURRENT ASSETS

Debtors

172,995

119,927

Cash at bank

40,187

72,037

213,182

191,964

CREDITORS

Amounts falling due within one year

124,402

147,741

NET CURRENT ASSETS

88,780

44,223

TOTAL ASSETS LESS CURRENT LIABILITIES

163,301

91,063

PROVISIONS FOR LIABILITIES

5,536

-

NET ASSETS

157,765

91,063

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

157,764

91,062

SHAREHOLDERS' FUNDS

157,765

91,063

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 24 August 2015 and were signed by:

P Smales - 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 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

20% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

59,170

Additions

45,715

Disposals

(9,800

)

At 30 November 2014

95,085

DEPRECIATION

At 1 December 2013

12,330

Charge for year

10,194

Eliminated on disposal

(1,960

)

At 30 November 2014

20,564

NET BOOK VALUE

At 30 November 2014

74,521

At 30 November 2013

46,840

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company provided a loan to P Smales, director. Interest is charged on the loan at the official

rate of interest. At the balance sheet date £32,716 was due to the company (2013 - £3,818 due from the

company).