T_N_PUNCHARD_(PLUMBING_AN - Accounts

T.N. PUNCHARD (PLUMBING & HEATING ENGINEERS) LIMITED - Company Information

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Company Registration No. 04986195 (England and Wales)

T N PUNCHARD (PLUMBING AND HEATING ENGINEERS) LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2015

T N PUNCHARD (PLUMBING AND HEATING ENGINEERS) LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

T N PUNCHARD (PLUMBING AND HEATING ENGINEERS) LTD

ABBREVIATED BALANCE SHEET

AS AT

31ST JULY 2015

- 1 -

2015

2014

Notes

Current assets

Cash at bank and in hand

5,469

Creditors: amounts falling due within one year

(12,848)

(13,597)

Total assets less current liabilities

(12,848)

(8,128)

Capital and reserves

Called up share capital

100

Profit and loss account

(12,948)

(8,228)

Shareholders' funds

(12,848)

(8,128)

For the financial Period ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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 8 October 2015

Mr T N Punchard

Mrs V.S Punchard

Director

Company Registration No. 04986195

T N PUNCHARD (PLUMBING AND HEATING ENGINEERS) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2015

- 2 -

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).

The accounts have not been prepared on a going concern basis, as it is the directors intention that the company be struck off.

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:

Plant and machinery

25% Reducing Balance

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100

Related party relationships and transactions

Directors loan

The Directors have provided the company with working capital in the form of an interest free loan. As at 31st July 2015, and included within 'Creditors: amounts due within one year' is a loan amounting to £12,848 (30th September 2014: £8,128). This loan is repayable on demand, however the company will not have sufficient funds to repay this loan after all other creditors have been settled.