P & S Building Services Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04416868 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st October 2013

for

P & S Building Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms S S Ridley

SECRETARY:

Mrs L Waters

REGISTERED OFFICE:

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

REGISTERED NUMBER:

04416868 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Authorised Public Accountants

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

FIXED ASSETS

Tangible assets

2

56,054

58,491

CURRENT ASSETS

Debtors

41,967

99,446

Cash at bank

1,825

5,388

43,792

104,834

CREDITORS

Amounts falling due within one year

69,653

131,788

NET CURRENT LIABILITIES

(25,861

)

(26,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,193

31,537

CREDITORS

Amounts falling due after more than one year

3

40,591

44,279

NET LIABILITIES

(10,398

)

(12,742

)

CAPITAL AND RESERVES

Called up share capital

4

110

110

Profit and loss account

(10,508

)

(12,852

)

SHAREHOLDERS' FUNDS

(10,398

)

(12,742

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28th July 2014 and were signed by:

Ms S S Ridley - Director

1.	ACCOUNTING POLICIES

Going concern

The financial statements have been prepared under the going concern basis, notwithstanding the

deficiency of net assets, on the basis that the director of the company has confirmed that the

necessary funds will be made available to enable the company to meet its liabilities as and when they

fall due.

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, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost and 15% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2012

and 31st October 2013

74,689

DEPRECIATION

At 1st November 2012

16,198

Charge for year

2,437

At 31st October 2013

18,635

NET BOOK VALUE

At 31st October 2013

56,054

At 31st October 2012

58,491

3.

CREDITORS

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

2013

2012

£

£

Repayable by instalments

14,091

19,279

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

1

100

100

9

'A'

1

9

9

1

'B'

1

1

1

110

110