Abbreviated Company Accounts - EAST COAST PIPE & FITTINGS LIMITED

Abbreviated Company Accounts - EAST COAST PIPE & FITTINGS LIMITED


Registered Number 07929734

EAST COAST PIPE & FITTINGS LIMITED

Abbreviated Accounts

31 March 2015

EAST COAST PIPE & FITTINGS LIMITED Registered Number 07929734

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Current assets
Stocks 7,000 5,000
Debtors 104,727 103,884
Cash at bank and in hand 12,633 24,473
124,360 133,357
Creditors: amounts falling due within one year (128,696) (130,670)
Net current assets (liabilities) (4,336) 2,687
Total assets less current liabilities (4,336) 2,687
Total net assets (liabilities) (4,336) 2,687
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (4,436) 2,587
Shareholders' funds (4,336) 2,687
  • 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 December 2015

And signed on their behalf by:
A BARNES, Director
A HUNN, Director

EAST COAST PIPE & FITTINGS LIMITED Registered Number 07929734

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 total invoice value, excluding value added tax of sales made during the year.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value

Going Concern
The directors consider that in preparing these financial statements that they have taken into account all the information that could reasonably be expected to be available. On this basis, they consider it is appropriate to prepare the financial statements on the going concern basis despite the company having net liabilities of £ 4336 at 31 March 2015. The validity of the going concern basis is dependent on the continued support of the directors.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100

There has been no change in share capital during the year.