Plastrim UK Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03183453 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 April 2014

for

Plastrim UK Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Daw

SECRETARY:

P A Owen

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

03183453 (England and Wales)

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Tangible assets

2

1,772

2,363

CURRENT ASSETS

Debtors

305

4,620

Cash at bank

48,940

53,634

49,245

58,254

CREDITORS

Amounts falling due within one year

(21,902

)

(29,308

)

NET CURRENT ASSETS

27,343

28,946

TOTAL ASSETS LESS CURRENT LIABILITIES

29,115

31,309

PROVISIONS FOR LIABILITIES

(354

)

(473

)

NET ASSETS

28,761

30,836

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

28,759

30,834

SHAREHOLDERS' FUNDS

28,761

30,836

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 director acknowledges his 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 director on 31 October 2014 and were signed by:

K Daw - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, 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 May 2013

and 30 April 2014

5,600

DEPRECIATION

At 1 May 2013

3,237

Charge for year

591

At 30 April 2014

3,828

NET BOOK VALUE

At 30 April 2014

1,772

At 30 April 2013

2,363

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

2

Ordinary

£1

2

2

4.	RELATED PARTY DISCLOSURES

Other creditors of £20,498 (2013 - £20,498) is due to Hiltac Limited, which is a shareholder of Plastrim UK

Limited. Mr K Daw is director and shareholder of Hiltac Limited.

During the year the company purchased goods and services totalling £nil (2013 - £36,765) from Techfix

Products Limited, of which Mr K Daw is a director. As at 30 April 2014 £nil (2013 - £7,112) is due to Techfix

Products Limited.