Platinum Brickwork Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04441208 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Platinum Brickwork Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

L S Uren

SECRETARY:

R Uren

REGISTERED OFFICE:

62/64 New Road

Basingstoke

Hampshire

RG21 7PW

REGISTERED NUMBER:

04441208 (England and Wales)

ACCOUNTANTS:

Kay White ACA (ICAEW 8005242)

for and on behalf of

Shorthouse & Martin Ltd

62-64 New Road

Basingstoke

Hampshire

RG21 7PW

FIXED ASSETS

Tangible assets

2

-

850

CURRENT ASSETS

Stocks

-

240

Debtors

33,019

16,086

Cash at bank

20,936

9,921

53,955

26,247

CREDITORS

Amounts falling due within one year

17,128

7,556

NET CURRENT ASSETS

36,827

18,691

TOTAL ASSETS LESS CURRENT LIABILITIES

36,827

19,541

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

36,824

19,538

SHAREHOLDERS' FUNDS

36,827

19,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 2 October 2014 and were signed by:

L S Uren - 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 April 2008).

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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

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

lease.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain

items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that

have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that

the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or

other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply

when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

4,115

DEPRECIATION

At 1 June 2013

3,265

Charge for year

850

At 31 May 2014

4,115

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

850

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

2

Ordinary A

£1

2

2

1

Ordinary B

£1

1

1

3

3

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director had a balance due to him by the company of £2,889 (2013 - £290).

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2013 - £39,000) were paid to the director .

6.	ULTIMATE CONTROLLING PARTY

The controlling party is L S Uren.

The ultimate controlling party is L S Uren.

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 four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2014

set out on pages three to seven 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.

Kay White ACA (ICAEW 8005242)

for and on behalf of

Shorthouse & Martin Ltd

62-64 New Road

Basingstoke

Hampshire

RG21 7PW

3 October 2014