Pro Craft Installers Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09078350 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

PRO CRAFT INSTALLERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs M Cowburn

Mr C M Cowburn

SECRETARY:

REGISTERED OFFICE:

36 Baines Avenue

Edlington

Doncaster

DN12 1PQ

REGISTERED NUMBER:

09078350 (England and Wales)

ACCOUNTANTS:

Lewis's Chartered Certified Accountants

Windsor House

44 High Road

Balby

Doncaster

South Yorkshire

DN4 0PL

FIXED ASSETS

Tangible assets

2

2,561

3,415

CURRENT ASSETS

Debtors

33,531

23,914

Cash at bank

23,756

56,380

57,287

80,294

CREDITORS

Amounts falling due within one year

14,654

52,482

NET CURRENT ASSETS

42,633

27,812

TOTAL ASSETS LESS CURRENT
LIABILITIES

45,194

31,227

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

45,184

31,217

SHAREHOLDERS' FUNDS

45,194

31,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 7 February 2017 and were signed on its behalf by:

Mr C M Cowburn - 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

4,553

DEPRECIATION

At 1 July 2015

1,138

Charge for year

854

At 30 June 2016

1,992

NET BOOK VALUE

At 30 June 2016

2,561

At 30 June 2015

3,415

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

10

Ordinary

1

10

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 June 2016 and the period ended

30 June 2015:

30.6.16

30.6.15

£

Mrs M Cowburn and Mr C M Cowburn

Balance outstanding at start of year

(28,157

)

(3,000

)

Amounts advanced

24,523

(25,157

)

Amounts repaid

28,157

-

Balance outstanding at end of year

24,523

(28,157

)