P.C.S. Air Conditioning Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05696805 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

P.C.S. Air Conditioning Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs S A Sullivan

P C Sullivan

SECRETARY:

Mrs S A Sullivan

REGISTERED OFFICE:

Dayan House

818 Whitchurch Lane

Whitchurch

Bristol

BS14 0JP

REGISTERED NUMBER:

05696805 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

2,500

Tangible assets

3

18,639

19,598

18,639

22,098

CURRENT ASSETS

Debtors

209,284

30,705

Cash at bank

361,978

354,998

571,262

385,703

CREDITORS

Amounts falling due within one year

173,635

118,046

NET CURRENT ASSETS

397,627

267,657

TOTAL ASSETS LESS CURRENT
LIABILITIES

416,266

289,755

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

416,264

289,753

SHAREHOLDERS' FUNDS

416,266

289,755

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 directors acknowledge their 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 Board of Directors on 23 December 2016 and were signed
on its behalf by:

P C Sullivan - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

25% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

25,000

AMORTISATION

At 1 April 2015

22,500

Amortisation for year

2,500

At 31 March 2016

25,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

2,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

42,295

Additions

5,254

At 31 March 2016

47,549

DEPRECIATION

At 1 April 2015

22,697

Charge for year

6,213

At 31 March 2016

28,910

NET BOOK VALUE

At 31 March 2016

18,639

At 31 March 2015

19,598

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2