Abbreviated Company Accounts - PRESCO RADIATOR CAPS LIMITED

PRESCO RADIATOR CAPS LIMITED - Company Information

03859389 PRESCO RADIATOR CAPS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 03859389 2015-01-01 2015-12-31 03859389 2015-12-31 03859389 2014-12-31 03859389 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 03859389 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 03859389

PRESCO RADIATOR CAPS LIMITED

Abbreviated Accounts

31 December 2015

PRESCO RADIATOR CAPS LIMITED Registered Number 03859389

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	84,561	71,016
		84,561	71,016
Current assets
Stocks		128,652	137,644
Debtors		160,025	158,069
Cash at bank and in hand		172,715	86,952
		461,392	382,665
Creditors: amounts falling due within one year		(59,475)	(46,953)
Net current assets (liabilities)		401,917	335,712
Total assets less current liabilities		486,478	406,728
Total net assets (liabilities)		486,478	406,728
Capital and reserves
Called up share capital	3	100,000	100,000
Profit and loss account		386,478	306,728
Shareholders' funds		486,478	406,728

For the year ending 31 December 2015 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 6 September 2016

And signed on their behalf by:
S Archer, Director

PRESCO RADIATOR CAPS LIMITED Registered Number 03859389

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 amounts invoiced net of value added tax.

Tangible assets depreciation policy
Depreciation is provided to write off the cost of assets over their useful lives.

2Tangible fixed assets

	£
Cost
At 1 January 2015	209,317
Additions	33,370
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	242,687
Depreciation
At 1 January 2015	138,301
Charge for the year	19,825
On disposals	-
At 31 December 2015	158,126
Net book values
At 31 December 2015	84,561
At 31 December 2014	71,016

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

	2015 £	2014 £
100,000 Ordinary shares of £1 each	100,000	100,000