Abbreviated Company Accounts - PCS CONTRACTS (SURREY) LTD

PCS CONTRACTS (SURREY) LTD - Company Information

08401817 PCS CONTRACTS (SURREY) LTD 2015-02-28 false 2014-03-01 2015-02-28 true 08401817 2014-03-01 2015-02-28 08401817 2015-02-28 08401817 2014-02-28 08401817 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 08401817 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 08401817

PCS CONTRACTS (SURREY) LTD

Abbreviated Accounts

28 February 2015

PCS CONTRACTS (SURREY) LTD Registered Number 08401817

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	198	-
		198	-
Current assets
Stocks		3,870	-
Debtors		38,250	-
Cash at bank and in hand		407	2
		42,527	2
Net current assets (liabilities)		42,527	2
Total assets less current liabilities		42,725	2
Creditors: amounts falling due after more than one year		(41,969)	-
Provisions for liabilities		(40)	-
Total net assets (liabilities)		716	2
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		714	-
Shareholders' funds		716	2

For the year ending 28 February 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 31 August 2016

And signed on their behalf by:
E. Mumford, Director

PCS CONTRACTS (SURREY) LTD Registered Number 08401817

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements 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 invoiced sales of electrical contracting services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 March 2014	-
Additions	264
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	264
Depreciation
At 1 March 2014	-
Charge for the year	66
On disposals	-
At 28 February 2015	66
Net book values
At 28 February 2015	198
At 28 February 2014	-

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2