Abbreviated Company Accounts - PLUMB-IN LIMITED

01954249 PLUMB-IN LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01954249 2015-01-01 2015-12-31 01954249 2015-12-31 01954249 2014-12-31 01954249 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01954249 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 01954249

PLUMB-IN LIMITED

Abbreviated Accounts

31 December 2015

PLUMB-IN LIMITED Registered Number 01954249

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,574	13,268
		10,574	13,268
Current assets
Stocks		46,550	48,123
Debtors		5,576	10,555
Cash at bank and in hand		13,590	-
		65,716	58,678
Creditors: amounts falling due within one year		(41,359)	(45,747)
Net current assets (liabilities)		24,357	12,931
Total assets less current liabilities		34,931	26,199
Provisions for liabilities		(1,600)	(2,026)
Total net assets (liabilities)		33,331	24,173
Capital and reserves
Called up share capital	3	100	100
Other reserves		1	-
Profit and loss account		33,230	24,073
Shareholders' funds		33,331	24,173

For the year ending 31 December 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 March 2016

And signed on their behalf by:
Mr M Smith, Director
Mrs S Smith, Director

PLUMB-IN LIMITED Registered Number 01954249

Notes to the Abbreviated Accounts for the period ended 31 December 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 January 2015.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Leasehold Property Improvements - 20% straight line
Fixtures and Fittings - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	189,748
Additions	2,809
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	192,557
Depreciation
At 1 January 2015	176,480
Charge for the year	5,503
On disposals	-
At 31 December 2015	181,983
Net book values
At 31 December 2015	10,574
At 31 December 2014	13,268

3Called Up Share Capital
Allotted, called up and fully paid:

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