Abbreviated Company Accounts - ONECALL PLUMBING & HEATING LIMITED

ONECALL PLUMBING & HEATING LIMITED - Company Information

05128992 ONECALL PLUMBING & HEATING LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 05128992 2015-06-01 2016-05-31 05128992 2016-05-31 05128992 2015-05-31 05128992 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 05128992 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 05128992

ONECALL PLUMBING & HEATING LIMITED

Abbreviated Accounts

31 May 2016

ONECALL PLUMBING & HEATING LIMITED Registered Number 05128992

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,634	7,138
		5,634	7,138
Current assets
Stocks		1,500	500
Debtors		4,357	7,934
Cash at bank and in hand		12,942	2,711
		18,799	11,145
Creditors: amounts falling due within one year		(20,809)	(12,485)
Net current assets (liabilities)		(2,010)	(1,340)
Total assets less current liabilities		3,624	5,798
Creditors: amounts falling due after more than one year		(2,848)	(5,592)
Total net assets (liabilities)		776	206
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		775	205
Shareholders' funds		776	206

For the year ending 31 May 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 9 December 2016

And signed on their behalf by:
Mr W Davies, Director

ONECALL PLUMBING & HEATING LIMITED Registered Number 05128992

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of financial instruments, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor Vehicles - 25% Reducing Balance Basis
Equipment - 25% Straight Line

Other accounting policies
The company was under the control of Mr William Davies throughout the previous and current years. Mr Davies is the managing director and 100% shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

2Tangible fixed assets

	£
Cost
At 1 June 2015	21,892
Additions	375
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	22,267
Depreciation
At 1 June 2015	14,754
Charge for the year	1,879
On disposals	-
At 31 May 2016	16,633
Net book values
At 31 May 2016	5,634
At 31 May 2015	7,138

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

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