Plas Llanelly House Cyf - Abbreviated accounts 16.1
Plas Llanelly House Cyf - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31st March 2016 |
for |
Plas Llanelly House Cyf |
Plas Llanelly House Cyf (Registered number: 08626825) |
Contents of the Abbreviated Accounts |
for the Year Ended 31st March 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Plas Llanelly House Cyf |
Company Information |
for the Year Ended 31st March 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Plas Llanelly House Cyf (Registered number: 08626825) |
Abbreviated Balance Sheet |
31st March 2016 |
31/3/16 | 31/3/15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
RESERVES |
Income and expenditure account | ( |
) | ( |
) |
( |
) | ( |
) |
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 surplus or deficit 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. |
Plas Llanelly House Cyf (Registered number: 08626825) |
Abbreviated Balance Sheet - continued |
31st March 2016 |
The financial statements were approved by the Board of Directors on on its behalf by: |
Plas Llanelly House Cyf (Registered number: 08626825) |
Notes to the Abbreviated Accounts |
for the Year Ended 31st March 2016 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These accounts have been prepared under the going concern basis. |
The company is dependent on continued financial support received from the parent company. |
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, except in respect of |
service contracts where turnover is recognised when the company obtains the right to |
consideration. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
at the balance sheet date. |
Plas Llanelly House Cyf (Registered number: 08626825) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31st March 2016 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st April 2015 |
Additions |
At 31st March 2016 |
DEPRECIATION |
At 1st April 2015 |
Charge for year |
At 31st March 2016 |
NET BOOK VALUE |
At 31st March 2016 |
At 31st March 2015 |
3. | COMPANY STATUS |
The company is a private company limited by guarantee and consequently does not have share |
capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets |
of the company in the event of liquidation. |
4. | RELATED PARTY TRANSACTIONS |
R G Pugh, A Evans and S Roberts are also directors of Cambrian Heritage Regeneration Trust a |
charitable company. R G Pugh is also a director of CHRT Ventures Limited |
During the year the company made sales to CHRT totalling £33,437(2015:£26,273). As at 31 March |
2016 there was a trade debtor balance of £23,040 (2015:£17,284) due from CHRT in respect of |
sales. As at 31 March 2016 there was an intercompany loan due to CHRT from Plas Llanelly House |
Cyf totalling £48,024 (2015:£24,059). |
As at 31 March 2016 there was an intercompany loan due from CHRT Ventures to Plas Llanelly |
House Cyf totalling £218 (2015:£nil). |