PlanArch Design Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08052313 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st August 2016

for

PLANARCH DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

5

DIRECTORS:

J G Lavender

Mrs E Wilson

N Box

REGISTERED OFFICE:

Kingsway Court

54 Kingsway

Bishop Auckland

Co. Durham

DL14 7JF

REGISTERED NUMBER:

08052313 (England and Wales)

ACCOUNTANTS:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

FIXED ASSETS

Tangible assets

2

23,255

26,382

CURRENT ASSETS

Stocks

115

95

Debtors

71,775

78,987

Cash in hand

26

71,916

79,108

CREDITORS

Amounts falling due within one year

88,321

98,570

NET CURRENT LIABILITIES

(16,405

)

(19,462

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,850

6,920

PROVISIONS FOR LIABILITIES

4,356

4,917

NET ASSETS

2,494

2,003

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

2,294

1,803

SHAREHOLDERS' FUNDS

2,494

2,003

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 30th January 2017 and were signed on its behalf
by:

J G Lavender - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the going concern basis of accounting.

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 the value of work carried out during the year including amounts not yet invoiced, excluding

value added tax. Income is being recognised according to the stage of completion of work done.

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, 20% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is provided on the liability method to take account of timing differences between the treatment of

certain items for accounts purposes and their treatment for tax purposes. Tax deferred is accounted for in respect

of all material timing differences. The company has not adopted a policy of discounting deferred tax assets and

liabilities.

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 1st September 2015

and 31st August 2016

36,404

DEPRECIATION

At 1st September 2015

10,022

Charge for year

3,127

At 31st August 2016

13,149

NET BOOK VALUE

At 31st August 2016

23,255

At 31st August 2015

26,382

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/16

31/8/15

value:

£

200

Ordinary

£1

200

4.	ULTIMATE PARENT COMPANY

Planarch Ltd is regarded by the directors as being the company's ultimate parent company.

5.	ULTIMATE CONTROLLING PARTY

The company is under the control of J G Lavender by virtue of his shareholding in the parent company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of PlanArch Design Limited for the year ended 31st August 2016 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of PlanArch Design Limited, as a body, in accordance with the terms of our engagement letter dated 19th October 2015. Our work has been undertaken solely to prepare for your approval the financial statements of PlanArch Design Limited and state those matters that we have agreed to state to the Board of Directors of PlanArch Design Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PlanArch Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PlanArch Design Limited. You consider that PlanArch Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PlanArch Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

30th January 2017