Accounts filed on 31-12-2017


Registered number: 07674727






Fabwell Heating & Plumbing Ltd


ACCOUNTS

FOR THE YEAR ENDED 31/12/2017
























Prepared By:
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER


Fabwell Heating & Plumbing Ltd


ACCOUNTS
FOR THE YEAR ENDED 31/12/2017





DIRECTORS
Douglas James Smith
James Charles Smith


REGISTERED OFFICE
Unit 4/5 Gainsford Drive
Halesowen
West Midlands
B62 8BQ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07674727



ACCOUNTANTS
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER


ACCOUNTS
FOR THEYEARENDED31/12/2017



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2017

			2017		2016
	Notes		£		£


CURRENT ASSETS
Stock		300		-
Debtors	3	43,279		24,046
Cash at bank and in hand		35,415		11,493
		78,994		35,539
CREDITORS: Amounts falling due within one year	4	79,745		45,688
NET CURRENT LIABILITIES			(751)		(10,149)
TOTAL ASSETS LESS CURRENT LIABILITIES			(751)		(10,149)

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			(851)		(10,249)
SHAREHOLDERS' FUNDS			(751)		(10,149)

For the year ending 31/12/2017 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 14/06/2018 and signed on their behalf by



.............................
Douglas James Smith
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1c. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




3. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	41,108	20,680
UK corporation tax	-	520
Prepayments	2,171	2,171
Directors current account	-	625
Directors current account	-	50
	43,279	24,046




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
VAT	10,947	3,802
PAYE control	2,608	1,475
Salaries and wages control	-	2,624
Directors current account	1,262	-
Directors current account	687	-
Trade creditors	20,420	6,454
Other creditors	42,992	30,799
Pension schemes	79	-
Accruals	750	534
	79,745	45,688




6. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Class 1 shares of £1 each	100	100
	100	100