| Paddock Geo Engineering Limited |
| Registered number: |
08613165 |
| Abbreviated Balance Sheet |
| as at 31 July 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
30,429 |
|
|
2,489 |
|
| Current assets |
| Debtors |
|
|
17,405 |
|
|
19,639 |
| Cash at bank and in hand |
|
|
20,675 |
|
|
12,660 |
|
|
|
38,080 |
|
|
32,299 |
|
| Creditors: amounts falling due within one year |
|
|
(24,767) |
|
|
(20,102) |
|
| Net current assets |
|
|
|
13,313 |
|
|
12,197 |
|
| Total assets less current liabilities |
|
|
|
43,742 |
|
|
14,686 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(16,403) |
|
|
- |
|
|
|
| Net assets |
|
|
|
27,339 |
|
|
14,686 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
27,339 |
|
|
14,686 |
|
| Shareholders' funds |
|
|
|
27,339 |
|
|
14,686 |
|
|
|
|
|
|
|
|
| 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. |
| The 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. |
|
|
|
| Matthew Paddock |
| Director |
| Approved by the board on 10 December 2016 |
|
| Paddock Geo Engineering Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 July 2016 |
|
| 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 January 2015). |
|
|
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. |
|
|
Plant and machinery |
25% straight line |
|
Equipment Fixtures & fittings |
25% straight line |
|
Vehicles |
20% reducing balance |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2015 |
3,402 |
|
Additions |
33,491 |
|
Disposals |
(3,250) |
|
At 31 July 2016 |
33,643 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2015 |
913 |
|
Charge for the year |
2,301 |
|
At 31 July 2016 |
3,214 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2016 |
30,429 |
|
At 31 July 2015 |
2,489 |
|
|
|
|
|
|
|
