Abbreviated Company Accounts - POOLEY PLANT HIRE LTD

Abbreviated Company Accounts - POOLEY PLANT HIRE LTD

POOLEY PLANT HIRE LTD - Company Information

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Registered Number 06438985

POOLEY PLANT HIRE LTD

Abbreviated Accounts

31 March 2014

POOLEY PLANT HIRE LTD Registered Number 06438985

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 20,000 25,000
Tangible assets 3 14,687 7,123
34,687 32,123
Current assets
Debtors 15,125 14,777
15,125 14,777
Creditors: amounts falling due within one year (44,356) (43,067)
Net current assets (liabilities) (29,231) (28,290)
Total assets less current liabilities 5,456 3,833
Total net assets (liabilities) 5,456 3,833
Capital and reserves
Called up share capital 100 100
Profit and loss account 5,356 3,733
Shareholders' funds 5,456 3,833
  • For the year ending 31 March 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 11 December 2014

And signed on their behalf by:
Mr G Pooley, Director

POOLEY PLANT HIRE LTD Registered Number 06438985

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance basis
Motor vehicles 25% reducing balance basis

2Intangible fixed assets
£
Cost
At 1 April 2013 50,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 50,000
Amortisation
At 1 April 2013 25,000
Charge for the year 5,000
On disposals -
At 31 March 2014 30,000
Net book values
At 31 March 2014 20,000
At 31 March 2013 25,000
3Tangible fixed assets
£
Cost
At 1 April 2013 27,626
Additions 12,900
Disposals (1,500)
Revaluations -
Transfers -
At 31 March 2014 39,026
Depreciation
At 1 April 2013 20,503
Charge for the year 4,980
On disposals (1,144)
At 31 March 2014 24,339
Net book values
At 31 March 2014 14,687
At 31 March 2013 7,123