Abbreviated Company Accounts - P I B CONTRACTORS LTD

P I B CONTRACTORS LTD - Company Information

05088847 P I B CONTRACTORS LTD 2016-03-31 false 2015-04-01 2016-03-31 true 05088847 2015-04-01 2016-03-31 05088847 2016-03-31 05088847 2015-03-31 05088847 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05088847 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 05088847

P I B CONTRACTORS LTD

Abbreviated Accounts

31 March 2016

P I B CONTRACTORS LTD Registered Number 05088847

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	81,880	22,970
Investments	3	195,000	360,966
		276,880	383,936
Current assets
Stocks		403,902	-
Debtors	4	364,993	549,884
Investments		250,023	88,162
Cash at bank and in hand		892,196	198,005
		1,911,114	836,051
Creditors: amounts falling due within one year	5	(1,589,700)	(691,971)
Net current assets (liabilities)		321,414	144,080
Total assets less current liabilities		598,294	528,016
Creditors: amounts falling due after more than one year	5	(61,731)	-
Total net assets (liabilities)		536,563	528,016
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		536,463	527,916
Shareholders' funds		536,563	528,016

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 8 November 2016

And signed on their behalf by:
Mr P Belev, Director

P I B CONTRACTORS LTD Registered Number 05088847

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 April 2015	54,896
Additions	70,363
Disposals	(8,626)
Revaluations	-
Transfers	-
At 31 March 2016	116,633
Depreciation
At 1 April 2015	31,926
Charge for the year	2,827
On disposals	-
At 31 March 2016	34,753
Net book values
At 31 March 2016	81,880
At 31 March 2015	22,970

3Fixed assets Investments
Cost at 1 April 2015 £ 360966
Disposals ( £ 165 966)

At 31 March 2016 £ 195 000

4Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	364,993	549,884

5Creditors

	2016 £	2015 £
Secured Debts	1,589,700	691,971
Instalment debts due after 5 years	61,731	-

6Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100