PT Build and Design Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07671364 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30th June 2014

for

PT Build and Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Toogood

REGISTERED OFFICE:

3 Wakedean Gardens

Yatton

North Somerset

BS49 4BL

REGISTERED NUMBER:

07671364 (England and Wales)

ACCOUNTANTS:

Debbie Giddens Accountancy Services Ltd

FIXED ASSETS

Tangible assets

2

2,398

3,331

CURRENT ASSETS

Stocks

59,795

14,000

Debtors

1,080

23,681

Cash at bank

-

1,624

60,875

39,305

CREDITORS

Amounts falling due within one year

38,491

19,633

NET CURRENT ASSETS

22,384

19,672

TOTAL ASSETS LESS CURRENT LIABILITIES

24,782

23,003

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

24,781

23,002

SHAREHOLDERS' FUNDS

24,782

23,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12th December 2014 and were signed by:

P Toogood - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2013

6,441

Additions

902

At 30th June 2014

7,343

DEPRECIATION

At 1st July 2013

3,110

Charge for year

1,835

At 30th June 2014

4,945

NET BOOK VALUE

At 30th June 2014

2,398

At 30th June 2013

3,331

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

1

1

1