P & S Construction (Swindon) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02295525 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

P & S Construction (Swindon) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P A Prendergast

K Savory

SECRETARY:

P A Prendergast

REGISTERED OFFICE:

Unit 5

Kendrick Industrial Estate

Galton Way

Swindon

Wiltshire

SN2 2DU

REGISTERED NUMBER:

02295525 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

BANKERS:

National Westminster Bank plc

84 Commercial Road

Swindon

Wiltshire

SN1 5NW

FIXED ASSETS

Tangible assets

2

19,873

27,372

Investments

3

1,000

1,000

20,873

28,372

CURRENT ASSETS

Debtors

308,698

248,501

Cash at bank

9,259

2,219

317,957

250,720

CREDITORS

Amounts falling due within one year

139,760

177,948

NET CURRENT ASSETS

178,197

72,772

TOTAL ASSETS LESS CURRENT LIABILITIES

199,070

101,144

PROVISIONS FOR LIABILITIES

370

1,078

NET ASSETS

198,700

100,066

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

197,700

99,066

SHAREHOLDERS' FUNDS

198,700

100,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 28 October 2014 and were signed on its behalf by:

K Savory - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Under FRS 1 the company is exempt from the requirement to prepare a cash flow statement on the grounds of its

size.

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).

Preparation of consolidated financial statements

The financial statements contain information about P & S Construction (Swindon) Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the lease period

Plant and machinery

-

over 5 years

Motor vehicles

-

over 5 years

Deferred tax

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

sheet date.

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.

Leasehold property

Leasehold property has been depreciated over 10 years from 1st May 2002. This represents the 4 year period

remaining on the lease in place as at 1st May 2002 plus the full term of the subsequent guaranteed renewal of 6

years.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

92,729

DEPRECIATION

At 1 May 2013

65,357

Charge for year

7,499

At 30 April 2014

72,856

NET BOOK VALUE

At 30 April 2014

19,873

At 30 April 2013

27,372

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2014

2013

£

£

Investment in Subsidiary

1,000

1,000

The company's investments at the balance sheet date in the share capital of companies include the following:

Colman Roofing (Swindon) Limited

Nature of business: Roofing Contractors

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

71,981

66,202

Profit for the year

183,877

98,931

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary £1 Shares

£1

1,000

1,000

5.

CONTROL

The company is controlled on a day to day basis jointly by the directors, P Prendergast and K Savory.