Abbreviated Company Accounts - PPSL DISTRICT HEATING LTD

PPSL DISTRICT HEATING LTD - Company Information

Registered Number 08359510

PPSL DISTRICT HEATING LTD

Abbreviated Accounts

31 January 2016

PPSL DISTRICT HEATING LTD Registered Number 08359510

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	900	1,000
Tangible assets	3	23,147	25,719
		24,047	26,719
Current assets
Debtors		43,220	168,150
Cash at bank and in hand		15,637	47,914
		58,857	216,064
Creditors: amounts falling due within one year		(39,834)	(121,270)
Net current assets (liabilities)		19,023	94,794
Total assets less current liabilities		43,070	121,513
Creditors: amounts falling due after more than one year		0	(82,443)
Total net assets (liabilities)		43,070	39,070
Capital and reserves
Called up share capital		100	1
Profit and loss account		42,970	39,069
Shareholders' funds		43,070	39,070

For the year ending 31 January 2016 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 19 October 2016

And signed on their behalf by:
Howard Roche, Director

PPSL DISTRICT HEATING LTD Registered Number 08359510

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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 is stated excluding VAT

Tangible assets depreciation policy
Tangible Assets are depreciated by their useful life

Intangible assets amortisation policy
Goodwill is amortised at 10% straight line

Valuation information and policy
Goods are valued on FIFO basis

Other accounting policies
None

2Intangible fixed assets

	£
Cost
At 1 February 2015	1,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	1,000
Amortisation
At 1 February 2015	-
Charge for the year	100
On disposals	-
At 31 January 2016	100
Net book values
At 31 January 2016	900
At 31 January 2015	1,000

Goodwill amortised at 10% flat line

3Tangible fixed assets

	£
Cost
At 1 February 2015	25,719
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	25,719
Depreciation
At 1 February 2015	0
Charge for the year	2,572
On disposals	-
At 31 January 2016	2,572
Net book values
At 31 January 2016	23,147
At 31 January 2015	25,719

Fixed assets are written down over the expected lifespan of 10 years.