Abbreviated Company Accounts - PLASTECH SOLUTIONS LIMITED

Abbreviated Company Accounts - PLASTECH SOLUTIONS LIMITED


Registered Number 08265760

PLASTECH SOLUTIONS LIMITED

Abbreviated Accounts

31 January 2014

PLASTECH SOLUTIONS LIMITED Registered Number 08265760

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,112 -
1,112 -
Current assets
Debtors 12,170 2
Cash at bank and in hand 822 -
12,992 2
Creditors: amounts falling due within one year (13,049) -
Net current assets (liabilities) (57) 2
Total assets less current liabilities 1,055 2
Provisions for liabilities (222) -
Total net assets (liabilities) 833 2
Capital and reserves
Called up share capital 3 500 2
Profit and loss account 333 -
Shareholders' funds 833 2
  • For the year ending 31 January 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 July 2014

And signed on their behalf by:
S H Rundle, Director

PLASTECH SOLUTIONS LIMITED Registered Number 08265760

Notes to the Abbreviated Accounts for the period ended 31 January 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value of services provided to the extent that there is a right to consideration and
is recorded at the value of the consideration due.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing balance

Valuation information and policy
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets
£
Cost
At 1 February 2013 -
Additions 1,483
Disposals -
Revaluations -
Transfers -
At 31 January 2014 1,483
Depreciation
At 1 February 2013 -
Charge for the year 371
On disposals -
At 31 January 2014 371
Net book values
At 31 January 2014 1,112
At 31 January 2013 -
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
500Ordinary shares of £1 each (2 shares for 2013) 500 2

On 1 February 2013 the company issued 498 ordinary £1 shares at par.