Abbreviated Company Accounts - PARKFIELD BUILDING SERVICES LIMITED

PARKFIELD BUILDING SERVICES LIMITED - Company Information

05739987 PARKFIELD BUILDING SERVICES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 05739987 2014-04-01 2015-03-31 05739987 2015-03-31 05739987 2014-03-31 05739987 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05739987 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 05739987

PARKFIELD BUILDING SERVICES LIMITED

Abbreviated Accounts

31 March 2015

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	325,620	301,957
		325,620	301,957
Current assets
Stocks		20,000	20,000
Debtors		218,798	82,920
Cash at bank and in hand		178,344	246,181
		417,142	349,101
Creditors: amounts falling due within one year		(352,188)	(239,348)
Net current assets (liabilities)		64,954	109,753
Total assets less current liabilities		390,574	411,710
Creditors: amounts falling due after more than one year		-	(86,208)
Total net assets (liabilities)		390,574	325,502
Capital and reserves
Called up share capital	3	401	401
Profit and loss account		390,173	325,101
Shareholders' funds		390,574	325,502

For the year ending 31 March 2015 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 23 September 2015

And signed on their behalf by:
D J Bick, Director

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements are prepared under the historical cost convention.

Turnover policy
Turnover represents the total invoice value, excluding Value Added Tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Equipment - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Freehold property - 0%

Other accounting policies
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average rates that are expected to apply when timing differences reverse, based on current rates and laws.

2Tangible fixed assets

	£
Cost
At 1 April 2014	349,193
Additions	43,889
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	393,082
Depreciation
At 1 April 2014	47,236
Charge for the year	20,226
On disposals	-
At 31 March 2015	67,462
Net book values
At 31 March 2015	325,620
At 31 March 2014	301,957

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
401 Ordinary shares of £1 each	401	401