P & S Building Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04416868 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st October 2015

for

P & S Building Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms S S Ridley

SECRETARY:

Mrs L Waters

REGISTERED OFFICE:

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

REGISTERED NUMBER:

04416868 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Authorised Public Accountants

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

FIXED ASSETS

Tangible assets

2

52,718

53,944

CURRENT ASSETS

Debtors

32,096

36,888

Cash at bank

361

1,172

32,457

38,060

CREDITORS

Amounts falling due within one year

60,907

66,183

NET CURRENT LIABILITIES

(28,450

)

(28,123

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,268

25,821

CREDITORS

Amounts falling due after more than one
year

3

32,907

36,817

NET LIABILITIES

(8,639

)

(10,996

)

CAPITAL AND RESERVES

Called up share capital

4

110

Profit and loss account

(8,749

)

(11,106

)

SHAREHOLDERS' FUNDS

(8,639

)

(10,996

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 27th July 2016 and were signed by:

Ms S S Ridley - Director

1.	ACCOUNTING POLICIES

Going concern

The financial statements have been prepared under the going concern basis, notwithstanding the

deficiency of net assets, on the basis that the director of the company has confirmed that the

necessary funds will be made available to enable the company to meet its liabilities as and when they

fall due.

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost and 15% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2014

and 31st October 2015

74,689

DEPRECIATION

At 1st November 2014

20,745

Charge for year

1,226

At 31st October 2015

21,971

NET BOOK VALUE

At 31st October 2015

52,718

At 31st October 2014

53,944

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable by instalments

9,907

13,817

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

1

100

9

'A'

1

9

1

'B'

1

110