Company Registration No. 6162936 (England and Wales)
PSG Refrigeration Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2016
PSG Refrigeration Ltd
Abbreviated Balance Sheet
as at 31 March 2016
Tangible assets
6,699
7,005
Cash at bank and in hand
18,633
12,398
Creditors: amounts falling due within one year
(29,134)
(26,765)
Net current liabilities
(1,868)
(920)
Called up share capital
3,837
3,837
Profit and loss account
994
2,248
Total shareholders' funds
4,831
6,085
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 8 September 2016
Paul Green
Director
Company Registration No. 6162936
PSG Refrigeration Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at 25% reducing balance methods in order to write off the assets over their estimated useful lives:
2
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
At 1 April 2015
8,795
258
2,954
12,007
Additions
-
204
2,861
3,065
At 31 March 2016
8,795
462
5,815
15,072
At 1 April 2015
2,198
64
2,740
5,002
Charge for the year
2,198
245
928
3,371
At 31 March 2016
4,396
309
3,668
8,373
At 31 March 2016
4,399
153
2,147
6,699
At 31 March 2015
6,597
194
214
7,005
Allotted, called up and fully paid:
3,837 Ordinary shares of £1 each
3,837
3,837
