Abbreviated Company Accounts - P L WOOD LIMITED

Abbreviated Company Accounts - P L WOOD LIMITED

P L WOOD LIMITED - Company Information

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Registered Number 07093995

P L WOOD LIMITED

Abbreviated Accounts

31 March 2015

P L WOOD LIMITED Registered Number 07093995

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,775 3,083
2,775 3,083
Current assets
Debtors 2,042 2,828
Cash at bank and in hand 304,903 265,278
306,945 268,106
Creditors: amounts falling due within one year (29,365) (85,988)
Net current assets (liabilities) 277,580 182,118
Total assets less current liabilities 280,355 185,201
Total net assets (liabilities) 280,355 185,201
Capital and reserves
Called up share capital 100 100
Profit and loss account 280,255 185,101
Shareholders' funds 280,355 185,201
  • 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 24 September 2015

And signed on their behalf by:
P L Wood, Director

P L WOOD LIMITED Registered Number 07093995

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

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 the amount derived from the provision of goods and services falling within the company's ordinary activities, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and equipment 10% on the reducing balance

Other accounting policies
The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from producing a cash flow statement on the grounds that it is a small company.

2Tangible fixed assets
£
Cost
At 1 April 2014 5,888
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 5,888
Depreciation
At 1 April 2014 2,805
Charge for the year 308
On disposals -
At 31 March 2015 3,113
Net book values
At 31 March 2015 2,775
At 31 March 2014 3,083