Abbreviated Company Accounts - PLASTXWORLD (EUROPE) LIMITED

PLASTXWORLD (EUROPE) LIMITED - Company Information

02816107 PLASTXWORLD (EUROPE) LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02816107 2015-01-01 2015-12-31 02816107 2015-12-31 02816107 2014-12-31 02816107 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02816107 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 02816107

PLASTXWORLD (EUROPE) LIMITED

Abbreviated Accounts

31 December 2015

PLASTXWORLD (EUROPE) LIMITED Registered Number 02816107

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments		-	-
		-	-
Current assets
Stocks		-	-
Debtors	2	253,333	255,304
Cash at bank and in hand		29,105	3,778
		282,438	259,082
Creditors: amounts falling due within one year	3	(35,485)	(6,213)
Net current assets (liabilities)		246,953	252,869
Total assets less current liabilities		246,953	252,869
Creditors: amounts falling due after more than one year	3	(95,071)	(95,667)
Total net assets (liabilities)		151,882	157,202
Capital and reserves
Called up share capital	4	2	2
Other reserves		157,200	145,822
Profit and loss account		(5,320)	11,378
Shareholders' funds		151,882	157,202

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 30 September 2016

And signed on their behalf by:
Keith Carrington, Director

PLASTXWORLD (EUROPE) LIMITED Registered Number 02816107

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 all sales of products and services made by the company, not including Value Added Tax.

Tangible assets depreciation policy
The company has no tangible fixed assets.

Intangible assets amortisation policy
The company has no intangible fixed assets.

Valuation information and policy
All inventory is valued at the lower of cost or net realisable value.

Other accounting policies
There were no advances or credits granted by the company or any guarantees of any kind entered into by the company on behalf of the directors.

2Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	218,896	238,009

3Creditors

	2015 £	2014 £
Non-instalment debts due after 5 years	95,071	95,667

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

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