Plas Cycle Limited Filleted accounts for Companies House (small and micro)

PLAS CYCLE LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 03480555

Plas Cycle Limited

Filleted Unaudited Financial Statements

31 December 2017

Plas Cycle Limited

Statement of Financial Position

31 December 2017

	2017		2016
	£	£	£	£
Fixed assets		8,548		12,593
		-------		---------

Current assets		5,499		3,261

Creditors: amounts falling due within one year	37,650	41,145
	---------	---------
Net Current Liabilities	32,151	37,884
	---------	---------
Total Assets Less Current Liabilities	( 23,603)	( 25,291)

Provisions for liabilities		–		2,519

Accruals and deferred income	800	1,080
	---------	---------
	(24,403)	(28,890)
	---------	---------

Capital and reserves	( 24,403)	( 28,890)
	---------	---------

Notes to the Financial Statements

1. Director's Advances, Credits and Guarantees

During the year the director entered into the following advances and credits with the company:

	2017
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr C Evans	( 22,430)	( 1,685)	4,457	( 19,658)
	---------	-------	-------	---------

	2016
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr C Evans	( 19,100)	( 3,330)	–	( 22,430)
	---------	-------	----	---------

The non-interest bearing loan is repayable on demand.

2. Going Concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the director.

For the year ending 31st December 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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

These financial statements were approved by the board of directors and authorised for issue on 13 December 2018 , and are signed on behalf of the board by:

Mr C Evans
Director

Company registration number: 03480555

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Emstrey House (North), Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.