Power Command Limited - Abbreviated accounts 16.3

Power Command Limited - Abbreviated accounts 16.3

POWER COMMAND LIMITED - Company Information

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REGISTERED NUMBER: 04290324 (England and Wales)
























ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

POWER COMMAND LIMITED

POWER COMMAND LIMITED (REGISTERED NUMBER: 04290324)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 September 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

POWER COMMAND LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2016







DIRECTORS: K P Hickey
Mrs B Hickey



SECRETARY: Mrs B Hickey



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 04290324 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Chartered Accountants
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: NatWest Bank PLC
103 Colmore Row
Birmingham
B3 3NS
Page 1
POWER COMMAND LIMITED (REGISTERED NUMBER: 04290324)

ABBREVIATED BALANCE SHEET
30 September 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 748,720 744,489
Investments 3 225 225
Investment property 4 85,518 85,518
834,463 830,232

CURRENT ASSETS
Stocks 163,358 119,277
Debtors 226,335 195,492
Cash at bank 193,844 186,274
583,537 501,043
CREDITORS
Amounts falling due within one year 5 212,877 196,342
NET CURRENT ASSETS 370,660 304,701
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,205,123
1,134,933

CREDITORS
Amounts falling due after more than one
year
5
435,869
422,339
NET ASSETS 769,254 712,594

CAPITAL AND RESERVES
Called up share capital 6 682 682
Capital redemption reserve 318 318
Profit and loss account 768,254 711,594
SHAREHOLDERS' FUNDS 769,254 712,594

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these abbreviated accounts

Page 2 continued...
POWER COMMAND LIMITED (REGISTERED NUMBER: 04290324)

ABBREVIATED BALANCE SHEET - continued
30 September 2016


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 21 May 2017 and were signed on its behalf by:





K P Hickey - Director


The notes form part of these abbreviated accounts

Page 3
POWER COMMAND LIMITED (REGISTERED NUMBER: 04290324)

NOTES TO THE ABBREVIATED ACCOUNTS
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 and hire 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.

Improvements to property - 10% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost

Freehold property is not depreciated and is stated at historical cost to the company. This is a departure from
paragraphs 6.19 - 6.26 of the Financial Reporting Standard for Smaller Entities (effective April 2008).

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015 866,765
Additions 11,890
At 30 September 2016 878,655
DEPRECIATION
At 1 October 2015 122,276
Charge for year 7,659
At 30 September 2016 129,935
NET BOOK VALUE
At 30 September 2016 748,720
At 30 September 2015 744,489

Page 4 continued...
POWER COMMAND LIMITED (REGISTERED NUMBER: 04290324)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 30 September 2016

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 October 2015
and 30 September 2016 225
NET BOOK VALUE
At 30 September 2016 225
At 30 September 2015 225

4. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2015
and 30 September 2016 85,518
NET BOOK VALUE
At 30 September 2016 85,518
At 30 September 2015 85,518

5. CREDITORS

Creditors include an amount of £ 557,562 (2015 - £ 517,612 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016 2015
£    £   
Repayable by instalments 258,912 188,958

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
682 Ordinary £1 682 682

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K P Hickey and Mrs B Hickey.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
POWER COMMAND LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Power Command Limited for the year ended 30 September 2016 which comprise the Profit and
Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Power Command Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Power Command Limited and state those matters that we have agreed to state to the Board of Directors of Power Command Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Power Command Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Power Command Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Power Command Limited. You consider that Power Command Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Power Command Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






A K Papadamou & Co
Chartered Accountants
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU


21 May 2017

This page does not form part of the abbreviated accounts

Page 6