P D Ash Plant Hire Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05186144 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

P D ASH PLANT HIRE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr P D Ash

SECRETARY:

Mrs H J Ash

REGISTERED OFFICE:

12 Romney Place

Maidstone

Kent

ME15 6LE

REGISTERED NUMBER:

05186144 (England and Wales)

ACCOUNTANTS:

Mackenzies

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

FIXED ASSETS

Tangible assets

2

101,159

59,579

CURRENT ASSETS

Debtors

49,168

45,710

Cash at bank

14,276

5,936

63,444

51,646

CREDITORS

Amounts falling due within one year

95,417

84,020

NET CURRENT LIABILITIES

(31,973

)

(32,374

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,186

27,205

CREDITORS

Amounts falling due after more than one year

(48,745

)

(5,382

)

PROVISIONS FOR LIABILITIES

(17,915

)

(11,915

)

NET ASSETS

2,526

9,908

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,426

9,808

SHAREHOLDERS' FUNDS

2,526

9,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 October 2014 and were signed by:

Mr P D Ash - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

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.

Leasing and hire purchase contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

182,023

Additions

75,300

At 31 March 2014

257,323

DEPRECIATION

At 1 April 2013

122,444

Charge for year

33,720

At 31 March 2014

156,164

NET BOOK VALUE

At 31 March 2014

101,159

At 31 March 2013

59,579

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100