Ppm (Uk) Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: SC436089 (Scotland)

Unaudited Financial Statements for the Year Ended 5 April 2016

for

Ppm (Uk) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Cockfield

REGISTERED OFFICE:

R & A House

Woodburn Road

Blackburn

Aberdeen

AB21 OPS

REGISTERED NUMBER:

SC436089 (Scotland)

ACCOUNTANTS:

Carnegie Knox (Scotland) Limited

R & A House Woodburn Road

Blackburn

Aberdeen

Aberdeenshire

AB21 0PS

FIXED ASSETS

Tangible assets

2

19,548

26,968

CURRENT ASSETS

Debtors

3

6,560

24,308

Cash at bank

395

5,747

6,955

30,055

CREDITORS

Amounts falling due within one year

4

20,536

21,615

NET CURRENT (LIABILITIES)/ASSETS

(13,581

)

8,440

TOTAL ASSETS LESS CURRENT LIABILITIES

5,967

35,408

CREDITORS

Amounts falling due after more than one year

5

-

(12,463

)

PROVISIONS FOR LIABILITIES

8

(3,910

)

(5,393

)

NET ASSETS

2,057

17,552

CAPITAL AND RESERVES

Called up share capital

9

230

10

Profit and loss account

10

1,827

17,542

SHAREHOLDERS' FUNDS

2,057

17,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 December 2016 and were signed by:

D Cockfield - 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 sales of services, 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.

Fixtures and fittings

-

33% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

50% on cost and 33% on cost

2.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 6 April 2015

5,019

29,256

658

34,933

Additions

-

-

649

649

At 5 April 2016

5,019

29,256

1,307

35,582

DEPRECIATION

At 6 April 2015

1,785

5,851

329

7,965

Charge for year

1,673

5,851

545

8,069

At 5 April 2016

3,458

11,702

874

16,034

NET BOOK VALUE

At 5 April 2016

1,561

17,554

433

19,548

At 5 April 2015

3,234

23,405

329

26,968

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.16

5.4.15

£

£

Trade debtors

2,592

11,520

Directors' current accounts

-

6,670

Tax

2,025

2,025

Prepayments and accrued income

1,943

4,093

6,560

24,308

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.16

5.4.15

£

£

Hire purchase contracts

4,155

4,155

Tax

15,800

14,263

VAT

362

3,197

Directors' current accounts

219

-

20,536

21,615

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.16

5.4.15

£

£

Hire purchase contracts

-

12,463

6.	PREFERENCE SHARES

Details of preference shares are as follows:

7.	OPERATING LEASE COMMITMENTS

8.	PROVISIONS FOR LIABILITIES

5.4.16

5.4.15

£

£

Deferred tax

3,910

5,393

Deferred

tax

£

Balance at 6 April 2015

5,393

Provided during year

(1,483

)

Balance at 5 April 2016

3,910

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.16

5.4.15

value:

£

£

10

Ordinary

£1.00

230

10

10.

RESERVES

Profit

and loss

account

£

At 6 April 2015

17,542

Profit for the year

2,581

Dividends

(18,296

)

At 5 April 2016

1,827

11.	RELATED PARTY DISCLOSURES

At the end of the year Mr D Cockfield is owed £219 from the company.

12.	ULTIMATE CONTROLLING PARTY

Mr D Cockfield is the ultimate controlling party due to the virtue of holding 100% of the issued share capital.