Peter Craig Building Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05024710 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Peter Craig Building Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Hooper

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

05024710 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

2

2,861

3,814

CURRENT ASSETS

Cash at bank

28,525

40,375

CREDITORS

Amounts falling due within one year

31,020

43,195

NET CURRENT LIABILITIES

(2,495

)

(2,820

)

TOTAL ASSETS LESS CURRENT LIABILITIES

366

994

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

266

894

SHAREHOLDERS' FUNDS

366

994

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 26 August 2016 and were signed by:

Mr P Hooper - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

16,687

DEPRECIATION

At 1 April 2015

12,873

Charge for year

953

At 31 March 2016

13,826

NET BOOK VALUE

At 31 March 2016

2,861

At 31 March 2015

3,814

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,500 (2015 - £21,500) were paid to the director .

Mr P Hooper

Company Director

This loan is interest free.

31.3.16

31.3.15

£

£

Amount due to related party at the balance sheet date

23,641

33,936

5.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of its shareholders, Mr. P Hooper and Mr. C Hooper.