Paulmark Ventilation Limited - Period Ending 2017-09-30

Registration number: 02786248

Paulmark Ventilation Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2017

Thomas Harris Ltd
The 1929 Building
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

Paulmark Ventilation Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 5
Notes to the Financial Statements	5

Paulmark Ventilation Limited

Company Information

Director

A J Stocker

Registered office

Thomas Harris 1929 Shop Merton Abbey Mills 18 Watermill Way London SW19 2RD

Accountants

Thomas Harris Ltd The 1929 Building Merton Abbey Mills 18 Watermill Way London SW19 2RD

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Paulmark Ventilation Limited
for the Year Ended 30 September 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Paulmark Ventilation Limited for the year ended 30 September 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Paulmark Ventilation Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Paulmark Ventilation Limited and state those matters that we have agreed to state to the Board of Directors of Paulmark Ventilation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paulmark Ventilation Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Paulmark Ventilation Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Paulmark Ventilation Limited. You consider that Paulmark Ventilation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Paulmark Ventilation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Thomas Harris Ltd
The 1929 Building
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

26 June 2018

Page 2

Paulmark Ventilation Limited

Profit and Loss Account for the Year Ended 30 September 2017

	2017 £	2016 £
Turnover	606,788	658,856
Other income	3,000	3,000
Cost of raw materials and consumables	(373,127)	(384,975)
Staff costs	(145,199)	(159,295)
Depreciation and other amounts written off assets	(2,568)	(3,424)
Other charges	(56,090)	(60,171)
Profit before tax	32,804	53,991
Taxation	(6,897)	(11,789)
Profit for the year	25,907	42,202

Page 3

Paulmark Ventilation Limited

(Registration number: 02786248)
Balance Sheet as at 30 September 2017

	2017 £	2016 £
Fixed assets	7,703	10,270
Current assets	141,815	161,905
Prepayments and accrued income	14,782	14,977
Creditors: Amounts falling due within one year	(84,508)	(100,268)
Net current assets	72,089	76,614
Total assets less current liabilities	79,792	86,884
Accruals and deferred income	(1,800)	(1,799)
	77,992	85,085
Capital and reserves	77,992	85,085

Page 4

Paulmark Ventilation Limited

(Registration number: 02786248)
Balance Sheet as at 30 September 2017

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Thomas Harris 1929 Shop
Merton Abbey Mills
18 Watermill Way
London
SW19 2RD

These financial statements were authorised for issue by the director on 24 May 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2016 - 8).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 24 May 2018
 

.........................................

A J Stocker
Director

Page 5