Abbreviated Company Accounts - PREMIUM HEATING & PLUMBING LIMITED

Abbreviated Company Accounts - PREMIUM HEATING & PLUMBING LIMITED

PREMIUM HEATING PLUMBING & COOLING LIMITED - Company Information

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Registered Number 09474345

PREMIUM HEATING & PLUMBING LIMITED

Abbreviated Accounts

31 March 2016

PREMIUM HEATING & PLUMBING LIMITED Registered Number 09474345

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016
£
Fixed assets
Tangible assets 2 3,537
3,537
Current assets
Stocks 890
Debtors 2,376
Cash at bank and in hand 29,186
32,452
Creditors: amounts falling due within one year (35,472)
Net current assets (liabilities) (3,020)
Total assets less current liabilities 517
Total net assets (liabilities) 517
Capital and reserves
Called up share capital 100
Profit and loss account 417
Shareholders' funds 517
  • For the year ending 31 March 2016 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 25 July 2016

And signed on their behalf by:
B. T. J. Allard, Director

PREMIUM HEATING & PLUMBING LIMITED Registered Number 09474345

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected life, as follows: Tools and equipment - 25% reducing balance, Computer equipment - straight line over three years and Motor Vehicles - 25% reducing balance.

2Tangible fixed assets
£
Cost
Additions 4,881
Disposals -
Revaluations -
Transfers -
At 31 March 2016 4,881
Depreciation
Charge for the year 1,344
On disposals -
At 31 March 2016 1,344
Net book values
At 31 March 2016 3,537