PAR_SHEET_METAL_LIMITED - Accounts
PAR_SHEET_METAL_LIMITED - Accounts
Company Registration No. 07010594 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
-
Creditors: amounts falling due within one year
(219,000 )
(128,174 )
Net current liabilities
(96,041 )
(67,885 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(172,552 )
-
Provisions for liabilities
(14,491 )
(5,329 )
Accruals and deferred income
(45,000 )
-
38,276
19,575
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2015
- 2 -
Directors' responsibilities:
-
-
Approved by the Board for issue on 20 May 2016
Director
Company Registration No. 07010594
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The accounts have been prepared on a going concern basis which assumes the continued support of the company's loan creditors.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
160,930
Additions
321,849
At 30 September 2015
482,779
Depreciation
At 1 October 2014
68,141
Charge for the year
48,278
At 30 September 2015
116,419
Net book value
At 30 September 2015
At 30 September 2014
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 4 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid