E & M Plumbing & Pipe Fitting Services L - Abbreviated accounts 16.3

REGISTERED NUMBER: 06250024 (England and Wales)

E & M Plumbing & Pipe Fitting Services

Limited

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J A Miller

SECRETARY:

Mr J A Miller

REGISTERED OFFICE:

1 Forest Side

Clock House Lane

Nutley

Uckfield

East Sussex

TN22 3NY

REGISTERED NUMBER:

06250024 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Tangible assets

2

19,474

4,595

CURRENT ASSETS

Debtors

48,549

36,438

Cash at bank

59,823

6,137

108,372

42,575

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

3

51,909

28,971

NET CURRENT ASSETS

56,463

13,604

TOTAL ASSETS LESS CURRENT LIABILITIES

75,937

18,199

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

3

(8,362

)

-

PROVISIONS FOR LIABILITIES

(3,242

)

-

NET ASSETS

64,333

18,199

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

64,332

18,198

SHAREHOLDERS' FUNDS

64,333

18,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 19 December 2016 and were signed by:

Mr J A Miller - 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 January 2015).

Turnover

Turnover represents net invoiced supply of services and 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

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

16,542

Additions

19,735

At 31 March 2016

36,277

DEPRECIATION

At 1 April 2015

11,947

Charge for year

4,856

At 31 March 2016

16,803

NET BOOK VALUE

At 31 March 2016

19,474

At 31 March 2015

4,595

3.

CREDITORS

Creditors include an amount of £ 13,937 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016

and 31 March 2015:

2016

2015

£

£

Mr J A Miller

Balance outstanding at start of year

-

-

Amounts advanced

6,833

-

Amounts repaid

(2,500

)

-

Balance outstanding at end of year

4,333

-

This loan is unsecured, interest free and repayable on demand.