PLANNED CONTRACTS LIMITED

PLANNED CONTRACTS LIMITED

PLANNED CONTRACTS LIMITED - Company Information

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PLANNED CONTRACTS LIMITED

Company Registration Number:
08777157 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2017

Period of accounts

Start date: 31 December 2016

End date: 30 December 2017

PLANNED CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2017

Balance sheet
Notes

PLANNED CONTRACTS LIMITED

Balance sheet

As at 30 December 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 35,905 23,793
Total fixed assets: 35,905 23,793
Current assets
Stocks: 0 0
Debtors:   174,997 235,546
Cash at bank and in hand: 859 117,581
Total current assets: 175,856 353,127
Creditors: amounts falling due within one year:   (81,683) (263,666)
Net current assets (liabilities): 94,173 89,461
Total assets less current liabilities: 130,078 113,254
Provision for liabilities: (7,181) (4,759)
Total net assets (liabilities): 122,897 108,495
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 122,797 108,395
Shareholders funds: 122,897 108,495

The notes form part of these financial statements

PLANNED CONTRACTS LIMITED

Balance sheet statements

For the year ending 30 December 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.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 March 2018
and signed on behalf of the board by:

Name: S G Owens
Status: Director

The notes form part of these financial statements

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 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

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2017

2. Tangible Assets

Total
Cost £
At 31 December 2016 36,335
Additions 22,576
At 30 December 2017 58,911
Depreciation
At 31 December 2016 12,542
Charge for year 10,464
At 30 December 2017 23,006
Net book value
At 30 December 2017 35,905
At 30 December 2016 23,793

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2017

3. Related party transactions

During the year, the company made sales of £629,720 (2016: £1,064,034) to Owens Developments Ltd, of which S G Owens and S A Owens are both directors and shareholders. Sales of £728,175 (2016: £461,675) were made to Essential By Design Ltd, of which S G Owens is a director and shareholder. At the end of the year, Owens Developments Ltd owed the company £42,366 (2016: £99,782) and Essential By Design Ltd owed the company £18,478 (2016: 12,426).