Pumps Southern Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03587931 (England and Wales)

PUMPS SOUTHERN LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R J Brown

SECRETARY:

R J Brown

REGISTERED OFFICE:

87 North Road

Parkstone

Poole

Dorset

BH14 0LT

REGISTERED NUMBER:

03587931 (England and Wales)

ACCOUNTANTS:

The Accounting Bureau Ltd

87 North Road

Poole

Dorset

BH14 0LT

FIXED ASSETS

Tangible assets

2

2,004

1,697

CURRENT ASSETS

Debtors

55,937

57,759

CREDITORS

Amounts falling due within one year

33,370

53,016

NET CURRENT ASSETS

22,567

4,743

TOTAL ASSETS LESS CURRENT LIABILITIES

24,571

6,440

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

24,569

6,438

SHAREHOLDERS' FUNDS

24,571

6,440

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 6 October 2014 and were signed by:

R J Brown - 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.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

7,017

Additions

976

At 30 June 2014

7,993

DEPRECIATION

At 1 July 2013

5,320

Charge for year

669

At 30 June 2014

5,989

NET BOOK VALUE

At 30 June 2014

2,004

At 30 June 2013

1,697

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

1

2

2