Bakers Plumbing & Heating Services Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08323096 (England and Wales)

Financial Statements for the Year Ended 31 December 2016

for

Bakers Plumbing & Heating Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Baker

SECRETARY:

Mrs A V Baker

REGISTERED OFFICE:

4 Quex Road

London

NW6 4PJ

REGISTERED NUMBER:

08323096 (England and Wales)

ACCOUNTANTS:

Purcells, Chartered Accountants

4 Quex Road

London

NW6 4PJ

FIXED ASSETS

Tangible assets

4

13,124

17,511

CURRENT ASSETS

Stocks

27,935

9,278

Debtors

5

62,619

46,197

Cash at bank

16,082

30,027

106,636

85,502

CREDITORS

Amounts falling due within one year

6

98,811

76,152

NET CURRENT ASSETS

7,825

9,350

TOTAL ASSETS LESS CURRENT LIABILITIES

20,949

26,861

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

20,947

26,859

SHAREHOLDERS' FUNDS

20,949

26,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 January 2018 and were signed by:

A Baker - Director

1.	STATUTORY INFORMATION

Bakers Plumbing & Heating Services Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs

in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

37,247

DEPRECIATION

At 1 January 2016

19,736

Charge for year

4,387

At 31 December 2016

24,123

NET BOOK VALUE

At 31 December 2016

13,124

At 31 December 2015

17,511

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

55,892

39,814

Other debtors

6,727

6,383

62,619

46,197

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

-

4

Trade creditors

14,789

718

Taxation and social security

65,992

61,842

Other creditors

18,030

13,588

98,811

76,152