Company Registration No. 06931696 (England and Wales)
P.P.L. (Northampton) Limited
Unaudited accounts
for the year ended 30 June 2017
P.P.L. (Northampton) Limited
Unaudited accounts
Contents
P.P.L. (Northampton) Limited
Company Information
for the year ended 30 June 2017
Company Number
06931696 (England and Wales)
Registered Office
Ringstead Business Centre
1-3 Spencer Street
Ringstead, Kettering
Northamptonshire
NN14 4BX
Accountants
Paula King t/a Back2Basics Bookkeeping
11 Kilworth Road
Swinford
Leicestershire
LE17 6BQ
P.P.L. (Northampton) Limited
Statement of financial position
as at 30 June 2017
Tangible assets
66,607
3,599
Debtors
1,034,110
1,080,222
Cash at bank and in hand
85,373
32,390
Creditors: amounts falling due within one year
(231,678)
(338,203)
Net current assets
887,805
774,409
Net assets
954,412
778,008
Called up share capital
2
2
Profit and loss account
954,410
778,006
Shareholders' funds
954,412
778,008
For the year ending 30 June 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 April 2018.
Mr G Nevill
Director
Company Registration No. 06931696
P.P.L. (Northampton) Limited
Notes to the Accounts
for the year ended 30 June 2017
P.P.L. (Northampton) Limited is a private company, limited by shares, registered in England and Wales, registration number 06931696. The registered office is Ringstead Business Centre, 1-3 Spencer Street, Ringstead, Kettering, Northamptonshire, NN14 4BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% straight line
P.P.L. (Northampton) Limited
Notes to the Accounts
for the year ended 30 June 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2016
4,908
16,625
21,533
Additions
1,553
70,203
71,756
At 30 June 2017
6,461
86,828
93,289
At 1 July 2016
3,489
14,445
17,934
Charge for the year
6,568
2,180
8,748
At 30 June 2017
10,057
16,625
26,682
At 30 June 2017
(3,596)
70,203
66,607
At 30 June 2016
1,419
2,180
3,599
Other debtors
1,034,110
1,080,222
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
24,452
5,098
Taxes and social security
205,816
311,695
Other creditors
1,410
21,410
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
