Abbreviated Company Accounts - COMMERCIAL AND PLANT LIMITED

HOLM GLOBAL LIMITED - Company Information

02580776 COMMERCIAL AND PLANT LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 02580776 2013-04-01 2014-03-31 02580776 2014-03-31 02580776 2013-03-31 02580776 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 02580776 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 02580776

COMMERCIAL AND PLANT LIMITED

Abbreviated Accounts

31 March 2014

COMMERCIAL AND PLANT LIMITED Registered Number 02580776

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	40,000	80,000
Tangible assets	3	25,149	21,400
		65,149	101,400
Current assets
Stocks		63,448	61,832
Debtors		208,472	211,882
Cash at bank and in hand		62,712	122,472
		334,632	396,186
Net current assets (liabilities)		334,632	396,186
Total assets less current liabilities		399,781	497,586
Creditors: amounts falling due after more than one year		(241,339)	(374,596)
Provisions for liabilities		(4,933)	(6,822)
Total net assets (liabilities)		153,509	116,168
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		152,509	115,168
Shareholders' funds		153,509	116,168

For the year ending 31 March 2014 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 30 September 2014

And signed on their behalf by:
J C Kemble, Director

COMMERCIAL AND PLANT LIMITED Registered Number 02580776

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% reducing balance
Motor Vehicles - 25% reducing balance
Equipment - 25% reducing balance

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 20% straight line

2Intangible fixed assets

	£
Cost
At 1 April 2013	200,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	200,000
Amortisation
At 1 April 2013	120,000
Charge for the year	40,000
On disposals	-
At 31 March 2014	160,000
Net book values
At 31 March 2014	40,000
At 31 March 2013	80,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	39,625
Additions	17,984
Disposals	(18,831)
Revaluations	-
Transfers	-
At 31 March 2014	38,778
Depreciation
At 1 April 2013	18,225
Charge for the year	5,305
On disposals	(9,901)
At 31 March 2014	13,629
Net book values
At 31 March 2014	25,149
At 31 March 2013	21,400

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000