Abbreviated Company Accounts - P L WOOD LIMITED

07093995 P L WOOD LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07093995 2015-04-01 2016-03-31 07093995 2016-03-31 07093995 2015-03-31 07093995 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07093995 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07093995

P L WOOD LIMITED

Abbreviated Accounts

31 March 2016

P L WOOD LIMITED Registered Number 07093995

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,897	2,775
		2,897	2,775
Current assets
Debtors		967	13,631
Investments		192,896	182,750
Cash at bank and in hand		210,978	122,159
		404,841	318,540
Creditors: amounts falling due within one year		(45,436)	(40,956)
Net current assets (liabilities)		359,405	277,584
Total assets less current liabilities		362,302	280,359
Total net assets (liabilities)		362,302	280,359
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		362,202	280,259
Shareholders' funds		362,302	280,359

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 4 August 2016

And signed on their behalf by:
P L Wood, Director

P L WOOD LIMITED Registered Number 07093995

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

Tangible assets depreciation policy
Depreciation of tangible fixed assets
Depreciation is provided on all tangible assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Equipment, fixtures and fittings 10% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,888
Additions	438
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	6,326
Depreciation
At 1 April 2015	3,113
Charge for the year	316
On disposals	-
At 31 March 2016	3,429
Net book values
At 31 March 2016	2,897
At 31 March 2015	2,775

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100