PJM Refurbishments NW Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08408037 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JULY 2015 TO 31 MARCH 2016

FOR

PJM REFURBISHMENTS NW LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

Mr P J Murray

SECRETARY:

Mr P J Murray

REGISTERED OFFICE:

267 Fleetwood Road North

Thornton

Cleveleys

Lancashire

FY5 4LB

REGISTERED NUMBER:

08408037 (England and Wales)

ACCOUNTANTS:

Miller Roskell Limited

Chartered Certified Accountants

17 Victoria Road East

Thornton Cleveleys

Lancashire

FY5 5HT

FIXED ASSETS

Tangible assets

2

20,029

23,171

CURRENT ASSETS

Stocks

-

8,028

Debtors

16,677

3,381

Cash at bank

3,433

24,892

20,110

36,301

CREDITORS

Amounts falling due within one year

24,106

36,115

NET CURRENT (LIABILITIES)/ASSETS

(3,996

)

186

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,033

23,357

CREDITORS

Amounts falling due after more than one
year

(11,945

)

(15,515

)

PROVISIONS FOR LIABILITIES

(4,006

)

(4,634

)

NET ASSETS

82

3,208

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

80

3,206

SHAREHOLDERS' FUNDS

82

3,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 April 2016 and were signed on its
behalf by:

Mr P J Murray - Director

Mr A P Sharrocks - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover is the amount receivable for the provision of goods and services falling within the company's

ordinary activities, excluding value added tax.

Turnover from the provision of goods and services is only recognised when the amounts to be

recognised are fixed or determinable and collectability is reasonably assured.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

26,119

Additions

450

At 31 March 2016

26,569

DEPRECIATION

At 1 July 2015

2,948

Charge for period

3,592

At 31 March 2016

6,540

NET BOOK VALUE

At 31 March 2016

20,029

At 30 June 2015

23,171

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2016 and

the year ended 30 June 2015:

2016

2015

£

Mr P J Murray

Balance outstanding at start of period

-

Amounts advanced

5,968

-

Amounts repaid

-

Balance outstanding at end of period

5,968

-

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of PJM Refurbishments NW Ltd for the period ended 31 March 2016 which comprise

the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of PJM Refurbishments NW Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PJM Refurbishments NW Ltd and state those matters that we have agreed to state to the Board of Directors of PJM Refurbishments NW Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PJM Refurbishments NW Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PJM Refurbishments NW Ltd. You consider that PJM Refurbishments NW Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of PJM Refurbishments NW Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Miller Roskell Limited

Chartered Certified Accountants

17 Victoria Road East

Thornton Cleveleys

Lancashire

FY5 5HT

13 April 2016