D.E.Plant Limited - Abbreviated accounts

Registered number

08123077

D.E.Plant Limited

Abbreviated Accounts

30 June 2015

D.E.Plant Limited
Registered number:		08123077
Abbreviated Balance Sheet
as at 30 June 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		601,457			244,800

Current assets
Stocks		17,524			7,633
Debtors		296,310			195,821
Cash at bank and in hand		53,623			46,096
		367,457			249,550

Creditors: amounts falling due within one year		(295,293)			(120,824)

Net current assets			72,164			128,726

Total assets less current liabilities			673,621			373,526

Creditors: amounts falling due after more than one year			(240,007)			(229,844)

Provisions for liabilities			(94,775)			(29,194)


Net assets			338,839			114,488

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			338,739			114,388

Shareholders' funds			338,839			114,488

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



E Emmett
Director
Approved by the board on 24 August 2015

D.E.Plant Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2015

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Land and buildings			4% straight line
	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.


2	Tangible fixed assets					£

	Cost
	At 1 July 2014					365,839
	Additions					556,158
	At 30 June 2015					921,997

	Depreciation
	At 1 July 2014					121,039
	Charge for the year					199,501
	At 30 June 2015					320,540

	Net book value
	At 30 June 2015					601,457
	At 30 June 2014					244,800


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100