Abbreviated Company Accounts - PARKFIELD BUILDING SERVICES LIMITED

PARKFIELD BUILDING SERVICES LIMITED - Company Information

05739987 PARKFIELD BUILDING SERVICES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05739987 2013-04-01 2014-03-31 05739987 2014-03-31 05739987 2013-03-31 05739987 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05739987 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05739987

PARKFIELD BUILDING SERVICES LIMITED

Abbreviated Accounts

31 March 2014

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	301,957	165,814
		301,957	165,814
Current assets
Stocks		20,000	20,000
Debtors		82,920	119,554
Cash at bank and in hand		246,181	193,774
		349,101	333,328
Creditors: amounts falling due within one year		(239,348)	(222,626)
Net current assets (liabilities)		109,753	110,702
Total assets less current liabilities		411,710	276,516
Creditors: amounts falling due after more than one year		(86,208)	(92,839)
Total net assets (liabilities)		325,502	183,677
Capital and reserves
Called up share capital	3	401	401
Profit and loss account		325,101	183,276
Shareholders' funds		325,502	183,677

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 2 December 2014

And signed on their behalf by:
D J Bick, Director

PARKFIELD BUILDING SERVICES LIMITED Registered Number 05739987

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements are prepared under the historical cost convention.

Turnover policy
Turnover represents the total invoice value, excluding Value Added Tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Equipment - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Freehold property- 0%

Other accounting policies
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average rates that are expected to apply when timing differences reverse, based on current rates and laws.

2Tangible fixed assets

	£
Cost
At 1 April 2013	202,713
Additions	154,475
Disposals	(7,995)
Revaluations	-
Transfers	-
At 31 March 2014	349,193
Depreciation
At 1 April 2013	36,899
Charge for the year	12,336
On disposals	(1,999)
At 31 March 2014	47,236
Net book values
At 31 March 2014	301,957
At 31 March 2013	165,814

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
401 Ordinary shares of £1 each	401	401