Abbreviated Company Accounts - DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED

Abbreviated Company Accounts - DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED

DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED - Company Information

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Registered Number SC270977

DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED

Abbreviated Accounts

31 December 2014

DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED Registered Number SC270977

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 15,782 20,701
15,782 20,701
Current assets
Stocks 16,008 14,424
Debtors 167,033 123,568
Cash at bank and in hand 321,423 165,809
504,464 303,801
Creditors: amounts falling due within one year (300,687) (179,369)
Net current assets (liabilities) 203,777 124,432
Total assets less current liabilities 219,559 145,133
Total net assets (liabilities) 219,559 145,133
Capital and reserves
Called up share capital 100 100
Profit and loss account 219,459 145,033
Shareholders' funds 219,559 145,133
  • For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2015

And signed on their behalf by:
J Devaney, Director

DOMESTIC PLUMBING & HEATING (SCOTLAND) LIMITED Registered Number SC270977

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 59,156
Additions 167
Disposals -
Revaluations -
Transfers -
At 31 December 2014 59,323
Depreciation
At 1 January 2014 38,455
Charge for the year 5,086
On disposals -
At 31 December 2014 43,541
Net book values
At 31 December 2014 15,782
At 31 December 2013 20,701