P H Circuit Systems Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03746714 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

30 APRIL 2016

FOR

P H CIRCUIT SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountant

4

DIRECTOR:

P D Humphries

SECRETARY:

Mrs J L Humphries

REGISTERED OFFICE:

Tudor Court

The Sycamores

Bramhope

Leeds

West Yorkshire

LS16 9JR

REGISTERED NUMBER:

03746714 (England and Wales)

ACCOUNTANT:

W John Baker

4 Corbar Road

Davenport

Stockport

Cheshire

SK2 6EP

FIXED ASSETS

Tangible assets

2

34,895

42,330

CURRENT ASSETS

Debtors

1,405

1,489

Cash at bank

86

14

1,491

1,503

CREDITORS

Amounts falling due within one year

29,613

25,931

NET CURRENT LIABILITIES

(28,122

)

(24,428

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,773

17,902

PROVISIONS FOR LIABILITIES

377

464

NET ASSETS

6,396

17,438

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

6,296

17,338

SHAREHOLDERS' FUNDS

6,396

17,438

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

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

The director acknowledges his 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 director on 27 October 2016 and were signed by:

P D Humphries - 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).

Tangible fixed assets

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

Short leasehold

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

189,028

DEPRECIATION

At 1 May 2015

146,698

Charge for year

7,435

At 30 April 2016

154,133

NET BOOK VALUE

At 30 April 2016

34,895

At 30 April 2015

42,330

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2016 set out on pages two to three and you consider that the company is exempt from an audit.