PF Installations Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04649672 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

PF Installations Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P French

Mrs M French

SECRETARY:

Mrs M French

REGISTERED OFFICE:

Frederick House

Dean Group Business Park

Brenda Road

Hartlepool

TS25 2BW

REGISTERED NUMBER:

04649672 (England and Wales)

ACCOUNTANTS:

Flannagans - Hartlepool office

Hub One, First Floor, Unit's 204 & 206

The Innovation Centre, Venture Court

Queens Meadow Business Park

Hartlepool

TS25 5TG

FIXED ASSETS

Tangible assets

2

27

31

CURRENT ASSETS

Debtors

93,691

71,888

Cash at bank

25,200

31,620

118,891

103,508

CREDITORS

Amounts falling due within one year

34,007

47,075

NET CURRENT ASSETS

84,884

56,433

TOTAL ASSETS LESS CURRENT
LIABILITIES

84,911

56,464

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

84,909

56,462

SHAREHOLDERS' FUNDS

84,911

56,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2016 and were signed on its
behalf by:

Mr P French - 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 services, 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

7,165

DEPRECIATION

At 1 February 2015

7,134

Charge for year

4

At 31 January 2016

7,138

NET BOOK VALUE

At 31 January 2016

27

At 31 January 2015

31

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

2

4.	RELATED PARTY DISCLOSURES

At the end of the period the directors owe the company the sum of £59665. This loan is interest free and

repayable on demand.

Above mentioned loan has been paid off with in 9 months of the accounting period.

During the period the company paid the following sum of dividends to the directors.

Mr P French £30,000

Mrs M French £30,000

5.	GOING CONCERN

The director has reviewed a period of 12 months from approval of these financial statements and

concluded the company is able to meet all its liabilities as they fall due. As a result it is appropriate to

prepare the accounts on going concern basis.