P A Dunwell Transport Limited - Limited company - abbreviated - 11.9
P A Dunwell Transport Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| for |
| P A Dunwell Transport Limited |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| P A Dunwell Transport Limited |
| Company Information |
| for the Year Ended 31 March 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Abbreviated Balance Sheet - continued |
| 31 March 2015 |
| The financial statements were approved by the director on |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Portakabins | - |
| The freehold property represents land which has been agreed not to depreciate during the |
| year. |
| 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.Deferred tax is not recognised when assets are revalued |
| unless, by the balance sheet date, the company has entered into a binding agreement to sell |
| the assets and recognised the gains and losses expected to arise on sale or where assets |
| have been sold and it is expected that the taxable gain will be rolled over into a replacement |
| asset. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the |
| balance sheet. Those held under hire purchase contracts are depreciated over their |
| estimated useful lives. Those held under finance leases are depreciated over their |
| estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the |
| relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight |
| line basis over the period of the lease. |
| Factoring |
| The company uses disclosed factoring for certain customers whereby the invoices are |
| assigned to the factoring company, requesting payments are made directly to them.The |
| factoring company having paid a percentage of the invoice to the company. |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| given. |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended |
| 31 March 2015 and 31 March 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| P A Dunwell Transport Limited (Registered number: 04615950) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued |
| During the year the maximum overdrawn balance for Mr P A Dunwell was £28,196, |
| (2014:£18,014) During the year Mr P A Dunwell , director and shareholder of the company |
| received £520 (2014:£520) for the use of his house as office. |
| Mr P A Dunwell also received £10,400 (2014:£15,600) in respect of yard premises owned |
| personally. |
| Mr P A Dunwell had an overdrawn loan account at the year end of £24,741 (2014: £2,234). |