Abbreviated Company Accounts - POST VINTAGE ENGINEERS LIMITED

ADRIAN JOHNSON LIMITED - Company Information

Registered Number 03874061

POST VINTAGE ENGINEERS LIMITED

Abbreviated Accounts

31 March 2015

POST VINTAGE ENGINEERS LIMITED Registered Number 03874061

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,334,218	2,378,174
Investments	3	10	10
		2,334,228	2,378,184
Current assets
Stocks		1,044,423	1,274,500
Debtors		342,121	30,561
Cash at bank and in hand		2,777	-
		1,389,321	1,305,061
Creditors: amounts falling due within one year		(986,510)	(1,138,530)
Net current assets (liabilities)		402,811	166,531
Total assets less current liabilities		2,737,039	2,544,715
Creditors: amounts falling due after more than one year		(800,097)	(946,419)
Provisions for liabilities		(151,883)	(133,803)
Total net assets (liabilities)		1,785,059	1,464,493
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		1,784,059	1,463,493
Shareholders' funds		1,785,059	1,464,493

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 16 December 2015

And signed on their behalf by:
A Johnson, Director

POST VINTAGE ENGINEERS LIMITED Registered Number 03874061

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

Turnover policy
Turnover is the value of sales made during the year excluding VAT

Tangible assets depreciation policy
Depreciation of tangible fixed assets is provided on cost over their estimated useful lives. The annual rates and methods of depreciation are as follows: -

Freehold Property – Pool Business Park 1% flat
Leasehold Improvement 5% flat
Plant & Machinery 25% reducing balance basis
Computer Equipment 33 1/3 % flat
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 25% reducing balance basis
Property Refurbishment 4% flat

2Tangible fixed assets

	£
Cost
At 1 April 2014	2,879,136
Additions	90,760
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,969,896
Depreciation
At 1 April 2014	500,962
Charge for the year	134,716
On disposals	-
At 31 March 2015	635,678
Net book values
At 31 March 2015	2,334,218
At 31 March 2014	2,378,174

3Fixed assets Investments
Pool Business Park Ltd is a wholly owned subsidiary of Post Vintage Engineers Ltd, did not trade during the year, it had issued share capital of £10 fully paid and reserves of (£15). Pool Business Park Management Co Ltd owed Post Vintage Engineers £50 at the year end.