CUBE_GAS_HEATING_&_PLUMBI - Accounts

CUBE GAS HEATING & PLUMBING LTD - Company Information

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Company Registration No. 06483016 (England and Wales)

CUBE GAS HEATING & PLUMBING LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2016

CUBE GAS HEATING & PLUMBING LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CUBE GAS HEATING & PLUMBING LTD

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

17,620

23,496

Current assets

Stocks

2,000

Debtors

93,080

68,166

Cash at bank and in hand

22,919

6,540

117,999

74,706

Creditors: amounts falling due within one year

(110,256)

(53,748)

Net current assets

7,743

20,958

Total assets less current liabilities

25,363

44,454

Creditors: amounts falling due after more than one year

(3,335)

(8,368)

Provisions for liabilities

(3,524)

(4,700)

18,504

31,386

Capital and reserves

Called up share capital

Profit and loss account

18,480

31,371

Shareholders' funds

18,504

31,386

CUBE GAS HEATING & PLUMBING LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JANUARY 2016

- 2 -

For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 October 2016

Mr D J Warke (Jnr)

Mr D J Warke (Snr)

Director

Company Registration No. 06483016

CUBE GAS HEATING & PLUMBING LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 February 2015 & at 31 January 2016

50,243

Depreciation

At 1 February 2015

26,746

Charge for the year

5,877

At 31 January 2016

32,623

Net book value

At 31 January 2016

17,620

At 31 January 2015

23,496

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £6,391 (2015 - £11,144).

CUBE GAS HEATING & PLUMBING LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2016

- 4 -

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £3,335 (2015 - £8,368).

Share capital

2016

2015

Allotted, called up and fully paid

24 Ordinary of £1 each

During the year 9 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.

Ultimate parent company

The company is under the control of the Warke Group Limited, a company incorporated in England which holds 100% of the issued share capital after undertaking a share for share exchange with the existing shareholders.