Olympic Plumbing Services Limited - Accounts to registrar - small 17.1.1
Olympic Plumbing Services Limited - Accounts to registrar - small 17.1.1
| REGISTERED NUMBER: |
| Financial Statements For The Year Ended 30 September 2016 |
| for |
| OLYMPIC PLUMBING SERVICES LIMITED |
| OLYMPIC PLUMBING SERVICES LIMITED (REGISTERED NUMBER: 07023537) |
| Contents of the Financial Statements |
| For The Year Ended 30 September 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Report of the Accountants | 5 |
| OLYMPIC PLUMBING SERVICES LIMITED |
| Company Information |
| For The Year Ended 30 September 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| OLYMPIC PLUMBING SERVICES LIMITED (REGISTERED NUMBER: 07023537) |
| Balance Sheet |
| 30 September 2016 |
| 30/9/16 | 30/9/15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 3 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the director on |
| OLYMPIC PLUMBING SERVICES LIMITED (REGISTERED NUMBER: 07023537) |
| Notes to the Financial Statements |
| For The Year Ended 30 September 2016 |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| 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 |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 October 2015 |
| Additions |
| At 30 September 2016 |
| DEPRECIATION |
| At 1 October 2015 |
| Charge for year |
| At 30 September 2016 |
| NET BOOK VALUE |
| At 30 September 2016 |
| At 30 September 2015 |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/16 | 30/9/15 |
| £ | £ |
| Other debtors | - | 6,796 |
| OLYMPIC PLUMBING SERVICES LIMITED (REGISTERED NUMBER: 07023537) |
| Notes to the Financial Statements - continued |
| For The Year Ended 30 September 2016 |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/16 | 30/9/15 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 5. | LOANS |
| An analysis of the maturity of loans is given below: |
| 30/9/16 | 30/9/15 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank overdrafts |
| 6. | OPERATING LEASE COMMITMENTS |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/9/16 | 30/9/15 |
| value: | £ | £ |
| Ordinary | £1 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 October 2015 | ( |
) |
| Profit for the year |
| At 30 September 2016 | ( |
) |
| OLYMPIC PLUMBING SERVICES LIMITED |
| Report of the Accountants to the Director of |
| Olympic Plumbing Services Limited |
| The following reproduces the text of the report prepared for the director and members in respect of the |
| company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
| only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other |
| primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2016 set out on pages to and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Date: ............................................. |