Power Generation Technical & Commercial Services Limited - Period Ending 2016-07-31

Registration number: 06295838

Power Generation Technical & Commercial Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Power Generation Technical & Commercial Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Power Generation Technical & Commercial Services Limited
(Registration number: 06295838)
Abbreviated Balance Sheet at 31 July 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,423			1,732
Current assets
Cash at bank and in hand					287,888			244,460
Creditors: Amounts falling due within one year					(20,822)			(29,208)
Net current assets					267,066			215,252
Net assets					268,489			216,984
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					267,489			215,984
Shareholders' funds					268,489			216,984

For the year ending 31 July 2016 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 28 April 2017 and signed on its behalf by:

.........................................
Mr K Teasdale
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Power Generation Technical & Commercial Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents amounts chargeable in respect of the provision of services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	25% straight line

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		7,384			7,384
Additions		189			189
At 31 July 2016		7,573			7,573
Depreciation
At 1 August 2015		5,652			5,652
Charge for the year		498			498
At 31 July 2016		6,150			6,150
Net book value
At 31 July 2016		1,423			1,423
At 31 July 2015		1,732			1,732

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

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