D C Guppy Plumbing & Heating Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04920367 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

D C Guppy Plumbing & Heating Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Guppy

Mrs J Guppy

SECRETARY:

Mrs J Guppy

REGISTERED OFFICE:

Nightingale Barn

Cole Henley

Whitchurch

Hampshire

RG28 7QD

REGISTERED NUMBER:

04920367 (England and Wales)

ACCOUNTANTS:

Wheeler & Co Ltd

Chartered Accountants

The Shrubbery

14 Church Street

Whitchurch

Hampshire

RG28 7AB

FIXED ASSETS

Intangible assets

2

14,932

16,332

Tangible assets

3

1,281

1,687

16,213

18,019

CURRENT ASSETS

Stocks

600

600

Debtors

7,402

5,845

Cash at bank

2,203

1,203

10,205

7,648

CREDITORS

Amounts falling due within one year

24,333

25,328

NET CURRENT LIABILITIES

(14,128

)

(17,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,085

339

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,985

239

SHAREHOLDERS' FUNDS

2,085

339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 30 December 2014 and were signed on its behalf by:

D Guppy - 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, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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 reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

28,000

AMORTISATION

At 1 November 2013

11,668

Amortisation for year

1,400

At 31 October 2014

13,068

NET BOOK VALUE

At 31 October 2014

14,932

At 31 October 2013

16,332

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

18,880

DEPRECIATION

At 1 November 2013

17,193

Charge for year

406

At 31 October 2014

17,599

NET BOOK VALUE

At 31 October 2014

1,281

At 31 October 2013

1,687

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100