Abbreviated Company Accounts - PLANNED CONTRACTS LIMITED

PLANNED CONTRACTS LIMITED - Company Information

Registered Number 08777157

PLANNED CONTRACTS LIMITED

Abbreviated Accounts

30 December 2016

PLANNED CONTRACTS LIMITED Registered Number 08777157

Abbreviated Balance Sheet as at 30 December 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	23,793	16,262
		23,793	16,262
Current assets
Debtors		227,772	81,137
Cash at bank and in hand		117,581	10,670
		345,353	91,807
Prepayments and accrued income		7,774	60,473
Creditors: amounts falling due within one year		(262,716)	(105,649)
Net current assets (liabilities)		90,411	46,631
Total assets less current liabilities		114,204	62,893
Provisions for liabilities		(4,759)	(3,252)
Accruals and deferred income		(950)	(6,299)
Total net assets (liabilities)		108,495	53,342
Capital and reserves
Called up share capital		100	100
Profit and loss account		108,395	53,242
Shareholders' funds		108,495	53,342

For the year ending 30 December 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 April 2017

And signed on their behalf by:
S G Owens, Director

PLANNED CONTRACTS LIMITED Registered Number 08777157

Notes to the Abbreviated Accounts for the period ended 30 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

Tangible assets depreciation policy
Depreciated is provided at the following rates in order to write off each asset over its estimated useful life. A full year's depreciation is charged in the year of purchase.

Plant and equipment - 20% on cost
Motor vehicles - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 31 December 2015	21,682
Additions	14,653
Disposals	-
Revaluations	-
Transfers	-
At 30 December 2016	36,335
Depreciation
At 31 December 2015	5,420
Charge for the year	7,122
On disposals	-
At 30 December 2016	12,542
Net book values
At 30 December 2016	23,793
At 30 December 2015	16,262