Abbreviated Company Accounts - P I B CONTRACTORS LTD

P I B CONTRACTORS LTD - Company Information

05088847 P I B CONTRACTORS LTD 2015-03-31 false 2014-04-01 2015-03-31 true 05088847 2014-04-01 2015-03-31 05088847 2015-03-31 05088847 2014-03-31 05088847 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05088847 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 05088847

P I B CONTRACTORS LTD

Abbreviated Accounts

31 March 2015

P I B CONTRACTORS LTD Registered Number 05088847

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,970	202,054
Investments	3	360,966	185,296
		383,936	387,350
Current assets
Debtors	4	549,884	320,912
Investments		88,162	88,162
Cash at bank and in hand		198,005	92,974
		836,051	502,048
Creditors: amounts falling due within one year	5	(691,971)	(412,915)
Net current assets (liabilities)		144,080	89,133
Total assets less current liabilities		528,016	476,483
Total net assets (liabilities)		528,016	476,483
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		527,916	476,383
Shareholders' funds		528,016	476,483

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 18 December 2015

And signed on their behalf by:
Mr P Belev, Director

P I B CONTRACTORS LTD Registered Number 05088847

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.

2Tangible fixed assets

	£
Cost
At 1 April 2014	228,938
Additions	24,266
Disposals	(198,308)
Revaluations	-
Transfers	-
At 31 March 2015	54,896
Depreciation
At 1 April 2014	26,884
Charge for the year	5,042
On disposals	-
At 31 March 2015	31,926
Net book values
At 31 March 2015	22,970
At 31 March 2014	202,054

3Fixed assets Investments
The property, which previously was Tangible Fixed Asset has been transferred in to Investment property, which is held to earn rentals.

The investment of £ 19330 is not commercially recoverable and Directors have decided to write off these investments in it's entirety.

4Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	549,884	320,912

5Creditors

	2015 £	2014 £
Secured Debts	691,971	412,915

6Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100