P & P LIFTS LIMITED

P & P LIFTS LIMITED

P & P LIFTS LIMITED - Company Information

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P & P LIFTS LIMITED

Company Registration Number:
04446657 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

P & P LIFTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

P & P LIFTS LIMITED

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 20,000 20,000
Tangible assets: 3 123,810 105,157
Total fixed assets: 143,810 125,157
Current assets
Stocks: 15,000 6,230
Debtors:   96,617 120,924
Cash at bank and in hand: 139,678 212,065
Total current assets: 251,295 339,219
Creditors: amounts falling due within one year:   (55,858) (106,963)
Net current assets (liabilities): 195,437 232,256
Total assets less current liabilities: 339,247 357,413
Total net assets (liabilities): 339,247 357,413
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 339,147 357,313
Shareholders funds: 339,247 357,413

The notes form part of these financial statements

P & P LIFTS LIMITED

Balance sheet statements

For the year ending 30 September 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 December 2017
and signed on behalf of the board by:

Name: Mr Barry Douglas Pile
Status: Director

The notes form part of these financial statements

P & P LIFTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the cost incurred or to be incurred in respect of the transactions can be measured reliably.

P & P LIFTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Intangible Assets

Total
Cost £
At 01 October 2016 20,000
At 30 September 2017 20,000
Net book value
At 30 September 2017 20,000
At 30 September 2016 20,000

P & P LIFTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017


3. Tangible Assets

Total
Cost £
At 01 October 2016 237,505
Additions 59,923
At 30 September 2017 297,428
Depreciation
At 01 October 2016 132,348
Charge for year 41,270
At 30 September 2017 173,618
Net book value
At 30 September 2017 123,810
At 30 September 2016 105,157