C & J Plumbing & Heating South West Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08042876 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30TH APRIL 2016

FOR

C & J PLUMBING & HEATING SOUTH WEST LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C P Moore

J E Moore

REGISTERED OFFICE:

Lowenna

Inches, Withiel

Bodmin

Cornwall

PL30 5LR

REGISTERED NUMBER:

08042876 (England and Wales)

ACCOUNTANTS:

K D Chapman & Co

Winston House

28-32 St Nicholas Street

Bodmin

Cornwall

PL31 1AD

FIXED ASSETS

Tangible assets

2

50,633

37,389

CURRENT ASSETS

Stocks

108,936

105,500

Debtors

138,397

163,923

Cash at bank

37,121

5,872

284,454

275,295

CREDITORS

Amounts falling due within one year

(188,876

)

(190,256

)

NET CURRENT ASSETS

95,578

85,039

TOTAL ASSETS LESS CURRENT
LIABILITIES

146,211

122,428

CREDITORS

Amounts falling due after more than one
year

(15,201

)

(5,225

)

NET ASSETS

131,010

117,203

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

131,008

117,201

SHAREHOLDERS' FUNDS

131,010

117,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8th September 2016 and were signed on its behalf
by:

C P Moore - Director

J E Moore - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2015

62,652

Additions

28,275

At 30th April 2016

90,927

DEPRECIATION

At 1st May 2015

25,263

Charge for year

15,031

At 30th April 2016

40,294

NET BOOK VALUE

At 30th April 2016

50,633

At 30th April 2015

37,389

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

1

2