PNP PACKAGING SERVICES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
Company Registration No. 02728530 (England and Wales)
PNP PACKAGING SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PNP PACKAGING SERVICES LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
10,496
12,372
Current assets
Debtors
174,883
160,256
Cash at bank and in hand
44,650
57,360
219,533
217,616
Creditors: amounts falling due within one year
(214,177)
(202,839)
Net current assets
5,356
14,777
Total assets less current liabilities
15,852
27,149
Provisions for liabilities
(1,644)
(1,919)
14,208
25,230
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
14,108
25,130
Shareholders' funds
14,208
25,230
For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 13 March 2017
Paul Robinson
Director
Company Registration No. 02728530
PNP PACKAGING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
15% Reducing balance
Motor vehicles
25% Reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2015 & at 31 July 2016
97,907
Depreciation
At 1 August 2015
85,535
Charge for the year
1,876
At 31 July 2016
87,411
Net book value
At 31 July 2016
10,496
At 31 July 2015
12,372
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
2016-07-312015-08-01falsetruetruetruetruetruetmp6A7C.html2017-04-28027285302015-08-012016-07-31027285302016-07-31027285302015-07-31027285302015-07-3102728530uk-bus:Director12015-08-012016-07-3102728530uk-gaap:FixturesFittingsToolsEquipment2015-08-012016-07-3102728530uk-gaap:MotorVehicles2015-08-012016-07-3102728530uk-bus:OrdinaryShareClass12015-08-012016-07-3102728530uk-bus:OrdinaryShareClass12016-07-3102728530uk-bus:OrdinaryShareClass12015-07-31xbrli:purexbrli:sharesiso4217:GBP
