IFB Piping Services Limited - Limited company - abbreviated

REGISTERED NUMBER: SC320559 (Scotland)

Abbreviated Accounts for the Year Ended 30 April 2014

for

IFB Piping Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Boyd

REGISTERED OFFICE:

133 Midstocket Road

Aberdeen

ABERDEENSHIRE

AB15 5LY

REGISTERED NUMBER:

SC320559 (Scotland)

ACCOUNTANTS:

J M Taylor

5 Rubislaw Terrace

ABERDEEN

AB10 1XE

FIXED ASSETS

Tangible assets

2

99

336

CURRENT ASSETS

Debtors

3,263

566

Cash at bank

48

44,107

3,311

44,673

CREDITORS

Amounts falling due within one year

(3,408

)

(28,216

)

NET CURRENT (LIABILITIES)/ASSETS

(97

)

16,457

TOTAL ASSETS LESS CURRENT
LIABILITIES

2

16,793

PROVISIONS FOR LIABILITIES

-

(67

)

NET ASSETS

2

16,726

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

-

16,724

SHAREHOLDERS' FUNDS

2

16,726

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 13 January 2015 and were signed by:

I Boyd - 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 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 and machinery etc

-

25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

1,449

DEPRECIATION

At 1 May 2013

1,113

Charge for year

237

At 30 April 2014

1,350

NET BOOK VALUE

At 30 April 2014

99

At 30 April 2013

336

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

2

Ordinary

£1

2

IFB Piping Services Limited - Limited company - abbreviated - 11.0.0

IFB Piping Services Limited - Limited company - abbreviated - 11.0.0