Abbreviated Company Accounts - POLI-CHROME ENGINEERS (MOULDS) LIMITED

POLI-CHROME ENGINEERS (MOULDS) LIMITED - Company Information

Registered Number 01235938

POLI-CHROME ENGINEERS (MOULDS) LIMITED

Abbreviated Accounts

30 November 2015

POLI-CHROME ENGINEERS (MOULDS) LIMITED Registered Number 01235938

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	49,382	50,425
		49,382	50,425
Current assets
Stocks		2,426	2,681
Debtors		28,550	33,818
Cash at bank and in hand		111,184	118,267
		142,160	154,766
Creditors: amounts falling due within one year		(20,150)	(17,124)
Net current assets (liabilities)		122,010	137,642
Total assets less current liabilities		171,392	188,067
Provisions for liabilities		(2,444)	(2,444)
Total net assets (liabilities)		168,948	185,623
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		167,948	184,623
Shareholders' funds		168,948	185,623

For the year ending 30 November 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 30 November 2015

And signed on their behalf by:
I LUSBY, Director

POLI-CHROME ENGINEERS (MOULDS) LIMITED Registered Number 01235938

Notes to the Abbreviated Accounts for the period ended 30 November 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 net invoiced sales of goods, 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 & machinery 10% on reducing balance
Fixtures & fittings 10% on reducing balance
Computer equipment 10% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 December 2014	123,985
Additions	530
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	124,515
Depreciation
At 1 December 2014	73,560
Charge for the year	1,573
On disposals	-
At 30 November 2015	75,133
Net book values
At 30 November 2015	49,382
At 30 November 2014	50,425