Abbreviated Company Accounts - PARKFIELD BUILDING SERVICES LIMITED

PARKFIELD BUILDING SERVICES LIMITED - Company Information

05739987 PARKFIELD BUILDING SERVICES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05739987 2015-04-01 2016-03-31 05739987 2016-03-31 05739987 2015-03-31 05739987 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05739987 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05739987

PARKFIELD BUILDING SERVICES LIMITED

Abbreviated Accounts

31 March 2016

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	316,604	325,620
		316,604	325,620
Current assets
Stocks		60,000	20,000
Debtors		80,821	218,798
Cash at bank and in hand		120,688	178,344
		261,509	417,142
Creditors: amounts falling due within one year		(151,905)	(352,188)
Net current assets (liabilities)		109,604	64,954
Total assets less current liabilities		426,208	390,574
Total net assets (liabilities)		426,208	390,574
Capital and reserves
Called up share capital	3	401	401
Profit and loss account		425,807	390,173
Shareholders' funds		426,208	390,574

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 17 November 2016

And signed on their behalf by:
D J Bick, Director

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention.
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving stocks.

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

2Tangible fixed assets

	£
Cost
At 1 April 2015	393,082
Additions	8,232
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	401,314
Depreciation
At 1 April 2015	67,462
Charge for the year	17,248
On disposals	-
At 31 March 2016	84,710
Net book values
At 31 March 2016	316,604
At 31 March 2015	325,620

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
401 Ordinary shares of £1 each	401	401