Hydraulic Pneumatic Services Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04756248 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Hydraulic Pneumatic Services Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J A Capper

SECRETARY:

Mrs D M Capper

REGISTERED OFFICE:

Unit 17

King Street Trading Estate

Middlewich

Cheshire

CW10 9LF

REGISTERED NUMBER:

04756248 (England and Wales)

ACCOUNTANTS:

Smart Accountancy Limited

21 Beechfield Drive

Middlewich

Cheshire

CW10 9QE

FIXED ASSETS

Tangible assets

2

6,197

6,706

CURRENT ASSETS

Stocks

90,907

81,998

Debtors

71,283

74,694

Cash at bank and in hand

103,946

58,136

266,136

214,828

CREDITORS

Amounts falling due within one year

72,999

64,407

NET CURRENT ASSETS

193,137

150,421

TOTAL ASSETS LESS CURRENT LIABILITIES

199,334

157,127

PROVISIONS FOR LIABILITIES

1,239

1,341

NET ASSETS

198,095

155,786

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

197,995

155,686

SHAREHOLDERS' FUNDS

198,095

155,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 20 August 2015 and were signed by:

J A Capper - 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.

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

-

25% on reducing balance and 15% 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 recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

12,241

Additions

1,350

At 30 April 2015

13,591

DEPRECIATION

At 1 May 2014

5,535

Charge for year

1,859

At 30 April 2015

7,394

NET BOOK VALUE

At 30 April 2015

6,197

At 30 April 2014

6,706

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director and his wife by virtue of their shareholding.