CAPEL_PLANT_HOLDINGS_LTD - Accounts

CAPEL PLANT HOLDINGS LIMITED - Company Information

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Company Registration No. 01986677 (England and Wales)

CAPEL PLANT HOLDINGS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

CAPEL PLANT HOLDINGS LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

CAPEL PLANT HOLDINGS LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

142,792

106,423

Investments

19,900

162,692

126,323

Current assets

Stocks

207,203

213,135

Debtors

44,468

62,147

Cash at bank and in hand

148,937

129,197

400,608

404,479

Creditors: amounts falling due within one year

(34,321)

(44,736)

Net current assets

366,287

359,743

Total assets less current liabilities

528,979

486,066

Creditors: amounts falling due after more than one year

(165,584)

(159,900)

Provisions for liabilities

(15,077)

(7,049)

348,318

319,117

Capital and reserves

Called up share capital

19,902

Profit and loss account

328,416

299,215

Shareholders' funds

348,318

319,117

CAPEL PLANT HOLDINGS LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2014

- 2 -

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 September 2015

Mr C Dovey

Director

Company Registration No. 01986677

CAPEL PLANT HOLDINGS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

2% per annum on cost

Plant and machinery

20% on written down value or 3-5 years stright line on cost

Fixtures, fittings & equipment

20% to 33% on written down value

Motor vehicles

25% on written down value

1.5

Leasing and hire purchase commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.7

Stock

Stock is valued at the lower of cost and net realisable value.

1.8

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.9

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

CAPEL PLANT HOLDINGS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 January 2014

594,861

19,900

614,761

Additions

55,648

Disposals

(143,342)

At 31 December 2014

507,167

19,900

527,067

Depreciation

At 1 January 2014

488,437

On disposals

(141,687)

Charge for the year

17,625

At 31 December 2014

364,375

Net book value

At 31 December 2014

142,792

19,900

162,692

At 31 December 2013

106,423

19,900

126,323

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Capelspace Limited

England and Wales

Ordinary

99.00

Capel Plant Services Limited

England and Wales

Ordinary

100.00

Freston Aviation Limited

England and Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2014

Principal activity

Capelspace Limited

Dormant

Capel Plant Services Limited

Dormant

Freston Aviation Limited

Dormant

The remaining 1% of Capel Space Limited is owned by Capel Plant Services Limited.

These holdings are shown at the original cost of £19,902, less a provision of £2 against the holding of Freston Aviation Limited.

CAPEL PLANT HOLDINGS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 5 -

Share capital

2014

2013

Allotted, called up and fully paid

19,902 Ordinary shares of £1 each

19,902