Peritus Building Service Engineers Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06434663 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

PERITUS BUILDING SERVICE ENGINEERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Mouzer

REGISTERED OFFICE:

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

REGISTERED NUMBER:

06434663 (England and Wales)

ACCOUNTANTS:

Richard Edwards Group LLP

Chartered Certified Accountants

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

FIXED ASSETS

Tangible assets

2

5,783

13,927

CURRENT ASSETS

Stocks

1,038

1,050

Debtors

9,848

8,738

Cash at bank

77,352

51,245

88,238

61,033

CREDITORS

Amounts falling due within one year

48,445

56,853

NET CURRENT ASSETS

39,793

4,180

TOTAL ASSETS LESS CURRENT LIABILITIES

45,576

18,107

PROVISIONS FOR LIABILITIES

1,157

2,785

NET ASSETS

44,419

15,322

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

44,409

15,312

SHAREHOLDERS' FUNDS

44,419

15,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22 June 2016 and were signed by:

D Mouzer - 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 April 2008).

Turnover

Turnover represents the net invoiced sale of goods and services, excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is only recognised in respect of all material 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

35,953

Disposals

(19,652

)

At 30 November 2015

16,301

DEPRECIATION

At 1 December 2014

22,026

Charge for year

2,704

Eliminated on disposal

(14,212

)

At 30 November 2015

10,518

NET BOOK VALUE

At 30 November 2015

5,783

At 30 November 2014

13,927

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

10

Ordinary

£1

10

4.	ULTIMATE CONTROLLING PARTY

The controlling party is D Mouzer.