Practical Land Remediation Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08215518 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Practical Land Remediation Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs A Doove

P A J Doove

SECRETARY:

Mrs A Doove

REGISTERED OFFICE:

Eldo House

Kempson Way

Bury St Edmunds

Suffolk

IP32 7AR

REGISTERED NUMBER:

08215518 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Tangible assets

2

28,264

24,722

CURRENT ASSETS

Debtors

9,729

13,249

Cash at bank

20,246

59,722

29,975

72,971

CREDITORS

Amounts falling due within one year

32,218

49,139

NET CURRENT (LIABILITIES)/ASSETS

(2,243

)

23,832

TOTAL ASSETS LESS CURRENT LIABILITIES

26,021

48,554

PROVISIONS FOR LIABILITIES

5,653

4,945

NET ASSETS

20,368

43,609

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

20,268

43,509

SHAREHOLDERS' FUNDS

20,368

43,609

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 January 2015 and were signed on its behalf by:

Mrs A Doove - Director

P A J Doove - 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 & services, 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:

Plant & Machinery

25% reducing balance

Motor Vehicles

25% reducing balance

Office Equipment

25% reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

27,110

Additions

9,937

At 30 September 2014

37,047

DEPRECIATION

At 1 October 2013

2,388

Charge for year

6,395

At 30 September 2014

8,783

NET BOOK VALUE

At 30 September 2014

28,264

At 30 September 2013

24,722

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100