PB Process Engineering Ltd - Period Ending 2015-12-31

Registration number: 08848351

PB Process Engineering Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

MMC Management Services Ltd
Accountant
Unit 5 Church Farm Court
Capenhurst Lane
Capenhurst
Cheshire
CH1 6HE

PB Process Engineering Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
PB Process Engineering Ltd
for the Year Ended 31 December 2015

You consider that the company is exempt from an audit for the year ended 31 December 2015.You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit and loss for the financial period.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

......................................

MMC Management Services Ltd
Accountant
Unit 5 Church Farm Court
Capenhurst Lane
Capenhurst
Cheshire
CH1 6HE

10 May 2016

Page 1

PB Process Engineering Ltd
(Registration number: 08848351)
Abbreviated Balance Sheet at 31 December 2015

		Note			31 December 2015 £			31 December 2014 £
Current assets
Debtors					5,464			5,033
Cash at bank and in hand					10,933			3,866
					16,397			8,899
Creditors: Amounts falling due within one year					(12,638)			(8,898)
Net assets					3,759			1
Capital and reserves
Called up share capital		2			1			1
Profit and loss account					3,758			-
Shareholders' funds					3,759			1

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 director acknowledges his 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 director on 10 May 2016

.........................................
Mr Philip Bennett
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

PB Process Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Share capital

Allotted, called up and fully paid shares

	31 December 2015						31 December 2014
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

New shares allotted

During the year - having an aggregate nominal value of £nil were allotted for an aggregate consideration of £nil.

Page 3

PB Process Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

3	Related party transactions

Director's advances and credits

	Year ended 31 December 2015 Advance/ Credit £	Year ended 31 December 2015 Repaid £	16 January 2014 to 31 December 2014 Advance/ Credit £	16 January 2014 to 31 December 2014 Repaid £
Mr Philip Bennett
Director in credit with no interest to be charged	1,900	-	757	-

Page 4