Abbreviated Company Accounts - THERMOPLAS LIMITED

THERMOPLAS LIMITED - Company Information

02383290 THERMOPLAS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02383290 2015-04-01 2016-03-31 02383290 2016-03-31 02383290 2015-03-31 02383290 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02383290 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 02383290

THERMOPLAS LIMITED

Abbreviated Accounts

31 March 2016

THERMOPLAS LIMITED Registered Number 02383290

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,832	3,778
		2,832	3,778
Current assets
Stocks		120,856	117,904
Debtors		47,847	41,940
Cash at bank and in hand		20,574	18,490
		189,277	178,334
Creditors: amounts falling due within one year		(91,056)	(88,706)
Net current assets (liabilities)		98,221	89,628
Total assets less current liabilities		101,053	93,406
Creditors: amounts falling due after more than one year		(68,547)	(76,409)
Total net assets (liabilities)		32,506	16,997
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		32,502	16,993
Shareholders' funds		32,506	16,997

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 1 September 2016

And signed on their behalf by:
John HAKEN, Director

THERMOPLAS LIMITED Registered Number 02383290

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 year 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 useful life, as follows:

Leasehold properties - Straight line over the life of the lease
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer Website - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	75,349
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	75,349
Depreciation
At 1 April 2015	71,571
Charge for the year	946
On disposals	-
At 31 March 2016	72,517
Net book values
At 31 March 2016	2,832
At 31 March 2015	3,778

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

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4