Abbreviated Company Accounts - PROTECH MACHINERY LTD

PROTECH MACHINERY LTD - Company Information

04958012 PROTECH MACHINERY LTD 2013-12-31 false 2013-01-01 2013-12-31 true 04958012 2013-01-01 2013-12-31 04958012 2013-12-31 04958012 2012-12-31 04958012 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04958012 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04958012

PROTECH MACHINERY LTD

Abbreviated Accounts

31 December 2013

PROTECH MACHINERY LTD Registered Number 04958012

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	69,336	84,824
		69,336	84,824
Current assets
Stocks		64,850	61,750
Debtors		327,700	136,808
Cash at bank and in hand		1,359,081	1,104,109
		1,751,631	1,302,667
Creditors: amounts falling due within one year		(383,826)	(271,847)
Net current assets (liabilities)		1,367,805	1,030,820
Total assets less current liabilities		1,437,141	1,115,644
Provisions for liabilities		(3,599)	(3,599)
Total net assets (liabilities)		1,433,542	1,112,045
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		1,431,542	1,110,045
Shareholders' funds		1,433,542	1,112,045

For the year ending 31 December 2013 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 31 December 2013

And signed on their behalf by:
S Craddock, Director
A Hooper, Director

PROTECH MACHINERY LTD Registered Number 04958012

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 amounts chargeable, net of vat, in respect of the sales 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

2Tangible fixed assets

	£
Cost
At 1 January 2013	266,258
Additions	23,974
Disposals	(117,286)
Revaluations	-
Transfers	-
At 31 December 2013	172,946
Depreciation
At 1 January 2013	181,434
Charge for the year	34,579
On disposals	(112,403)
At 31 December 2013	103,610
Net book values
At 31 December 2013	69,336
At 31 December 2012	84,824

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

	2013 £	2012 £
2,000 Ordinary shares of £1 each	2,000	2,000