Abbreviated Company Accounts - ALLPLASTICS LIMITED

ALLPLASTICS LIMITED - Company Information

01616922 ALLPLASTICS LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 01616922 2013-03-01 2014-02-28 01616922 2014-02-28 01616922 2013-02-28 01616922 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 01616922 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director3 2013-02-28 uk-gaap-cd-bus:Director4 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director4 2014-02-28 uk-gaap-cd-bus:Director4 2013-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 uk-gaap-cd-bus:OrdinaryShareClass2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass2 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass2 2013-02-28 iso4217:GBP shares

Registered Number 01616922

ALLPLASTICS LIMITED

Abbreviated Accounts

28 February 2014

ALLPLASTICS LIMITED Registered Number 01616922

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,363	4,413
		3,363	4,413
Current assets
Stocks		95,880	86,245
Debtors		140,523	134,030
Cash at bank and in hand		120,772	79,343
		357,175	299,618
Creditors: amounts falling due within one year		(122,626)	(100,249)
Net current assets (liabilities)		234,549	199,369
Total assets less current liabilities		237,912	203,782
Provisions for liabilities		(288)	(413)
Total net assets (liabilities)		237,624	203,369
Capital and reserves
Called up share capital	3	1,480	1,480
Profit and loss account		236,144	201,889
Shareholders' funds		237,624	203,369

For the year ending 28 February 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 November 2014

And signed on their behalf by:
J S Church, Director

ALLPLASTICS LIMITED Registered Number 01616922

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 March 2013	48,960
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	48,960
Depreciation
At 1 March 2013	44,547
Charge for the year	1,050
On disposals	-
At 28 February 2014	45,597
Net book values
At 28 February 2014	3,363
At 28 February 2013	4,413

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
760 A Ordinary shares of £1 each	760	760
720 B Ordinary shares of £1 each	720	720

4Transactions with directors

Name of director receiving advance or credit:	J S Church
Description of the transaction:	The following advances and credits to the director subsisted during the year ended 28 February 2014.
Balance at 1 March 2013:	-
Advances or credits made:	£ 163
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 163

Name of director receiving advance or credit:	J R Steed
Description of the transaction:	The following advances and credits to the director subsisted during the year ended 28 February 2014.
Balance at 1 March 2013:	-
Advances or credits made:	£ 168
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 168