Carthy's Plumbing & Heating Services Lim - Abbreviated accounts 16.1

REGISTERED NUMBER: 07606814 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016

FOR

CARTHY'S PLUMBING & HEATING SERVICES

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

T H Carthy

REGISTERED OFFICE:

Bailiffs Cottages Gardeners Farm

Flux's Lane

Epping

Essex

CM16 7PF

REGISTERED NUMBER:

07606814 (England and Wales)

ACCOUNTANTS:

Insight Strategic Associates

Chartered Certified Accountants

10 Towerfield Road

Shoeburyness

Essex

SS3 9QE

FIXED ASSETS

Tangible assets

2

6,911

9,086

CURRENT ASSETS

Debtors

8,697

19,991

Cash at bank

6,957

7,657

15,654

27,648

CREDITORS

Amounts falling due within one year

(17,121

)

(21,429

)

NET CURRENT (LIABILITIES)/ASSETS

(1,467

)

6,219

TOTAL ASSETS LESS CURRENT LIABILITIES

5,444

15,305

CREDITORS

Amounts falling due after more than one year

(2,745

)

(4,479

)

NET ASSETS

2,699

10,826

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

2,698

10,825

SHAREHOLDERS' FUNDS

2,699

10,826

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

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

T H Carthy - 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 goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the

shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

14,533

Additions

270

At 31st March 2016

14,803

DEPRECIATION

At 1st April 2015

5,447

Charge for year

2,445

At 31st March 2016

7,892

NET BOOK VALUE

At 31st March 2016

6,911

At 31st March 2015

9,086

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1

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 five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2016 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Insight Strategic Associates

Chartered Certified Accountants

10 Towerfield Road

Shoeburyness

Essex

SS3 9QE

31st October 2016