D Purvis Carpentry & Building Ltd Accounts

D PURVIS CARPENTRY & BUILDING LIMITED - Company Information






D Purvis Carpentry & Building Ltd
	Company No. 08517483
		Abbreviated Accounts
		31 May 2015

at	31 May 2015

Company No.		08517483	Notes	2015	2014
				£	£
Fixed assets

	Tangible assets		2	9,178	7,237

				9,178	7,237
Current assets
	Stocks			700	500
	Debtors			27,355	5,053

	Cash at bank and in hand			2,617	9,075
				30,672	14,628
Creditors: Amounts falling due within one year				(35,523)	(20,735)
Net current liabilities				(4,851)	(6,107)
Total assets less current liabilities				4,327	1,130




Net assets				4,327	1,130

Capital and reserves
	Called up share capital		3	2	2



	Profit and loss account			4,325	1,128

Shareholder's funds				4,327	1,130

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 26 February 2016

And signed on its behalf by:

D. Purvis
Director
26 February 2016

for the year ended 31 May 2015

1	Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 June 2014	9,650	9,650
	Additions	6,875	6,875


	Disposals	(2,500)	(2,500)
	At 31 May 2015	14,025	14,025
	Amortisation
	At 1 June 2014	2,413	2,413
	Charge for the year	3,059	3,059


	Disposals	(625)	(625)
	At 31 May 2015	4,847	4,847
	Net book values
	At 31 May 2015	9,178	9,178
	At 31 May 2014	7,237	7,237

3	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	2	2	2




				2	2