PLATINUM_BRICKWORK_LIMITE - Accounts

PLATINUM BRICKWORK LIMITED - Company Information

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Company Registration No. 04441208 (England and Wales)

PLATINUM BRICKWORK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

PLATINUM BRICKWORK LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

PLATINUM BRICKWORK LIMITED

CERTIFIED PRACTISING ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PLATINUM BRICKWORK LIMITED FOR THE YEAR ENDED 31 MAY 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

You consider that the company is exempt from an audit for the year ended 31 May 2016. You have acknowledged, on the balance sheet, your responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared these accounts on pages 3 to 8 from the accounting records of the company and on the basis of information and explanations you have given us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Shorthouse & Martin Limited

20 December 2016

Certified Practising Accountants

62-64 New Road

Basingstoke

Hampshire

RG21 7PW

PLATINUM BRICKWORK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

9,243

Current assets

Stocks

5,025

1,600

Debtors

25,117

Cash at bank and in hand

15,340

37,463

45,482

39,063

Creditors: amounts falling due within one year

(20,342)

(9,270)

Net current assets

25,140

29,793

Total assets less current liabilities

34,383

29,793

Provisions for liabilities

(1,849)

32,534

29,793

Capital and reserves

Called up share capital

100

Profit and loss account

32,434

29,693

Shareholders' funds

32,534

29,793

For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 December 2016

Mr L S Uren

Director

Company Registration No. 04441208

PLATINUM BRICKWORK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% on cost

Motor vehicles

25% on cost

Fixed assets

Tangible assets

Cost

At 1 June 2015

4,115

Additions

9,645

Disposals

(3,400)

At 31 May 2016

10,360

Depreciation

At 1 June 2015

4,115

On disposals

(3,400)

Charge for the year

402

At 31 May 2016

1,117

Net book value

At 31 May 2016

9,243

PLATINUM BRICKWORK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

98 Ordinary A of £1 each

1 Ordinary B of £1 each

1 Ordinary C of £1 each

100

Related party relationships and transactions

Other transactions with directors

At the year end the company owed the director, Mr L Uren, £7,444 (2015: £480).