Abbreviated Company Accounts - PRIMOPLAST PLASTERING CONTRACTORS LTD

PRIMOPLAST PLASTERING CONTRACTORS LTD - Company Information

09204209 PRIMOPLAST PLASTERING CONTRACTORS LTD 2016-09-30 false 2015-10-01 2016-09-30 true 09204209 2015-10-01 2016-09-30 09204209 2016-09-30 09204209 2015-09-30 09204209 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 09204209 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2016-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:Director4 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director4 2016-09-30 uk-gaap-cd-bus:Director4 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 iso4217:GBP shares

Registered Number 09204209

PRIMOPLAST PLASTERING CONTRACTORS LTD

Abbreviated Accounts

30 September 2016

PRIMOPLAST PLASTERING CONTRACTORS LTD Registered Number 09204209

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	12,000	16,000
Tangible assets	3	1,500	-
Investments		-	-
		13,500	16,000
Current assets
Stocks		2,342	2,500
Debtors		19,882	49,180
Investments		-	-
Cash at bank and in hand		14,890	-
		37,114	51,680
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(21,350)	(14,196)
Net current assets (liabilities)		15,764	37,484
Total assets less current liabilities		29,264	53,484
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		29,264	53,484
Capital and reserves
Called up share capital	4	200	200
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		29,064	53,284
Shareholders' funds		29,264	53,484

For the year ending 30 September 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 14 June 2017

And signed on their behalf by:
Mr Benjamin Broxson, Director
Mr Dale Wheeler, Director

PRIMOPLAST PLASTERING CONTRACTORS LTD Registered Number 09204209

Notes to the Abbreviated Accounts for the period ended 30 September 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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:

Plant & Machinery - 25% Reducing Balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

Other accounting policies
Work in progress is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 October 2015	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	20,000
Amortisation
At 1 October 2015	4,000
Charge for the year	4,000
On disposals	-
At 30 September 2016	8,000
Net book values
At 30 September 2016	12,000
At 30 September 2015	16,000

3Tangible fixed assets

	£
Cost
At 1 October 2015	-
Additions	2,000
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	2,000
Depreciation
At 1 October 2015	-
Charge for the year	500
On disposals	-
At 30 September 2016	500
Net book values
At 30 September 2016	1,500
At 30 September 2015	-

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 A Ordinary share of £100 each	100	100
1 B Ordinary share of £100 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	Mr Benjamin Broxson
Description of the transaction:	Directors Loan Account
Balance at 1 October 2015:	£ 15,978
Advances or credits made:	£ 23,022
Advances or credits repaid:	£ 39,000
Balance at 30 September 2016:	£ 0

Name of director receiving advance or credit:	Mr Dale Wheeler
Description of the transaction:	Directors Loan Account
Balance at 1 October 2015:	£ 13,924
Advances or credits made:	£ 25,076
Advances or credits repaid:	£ 39,000
Balance at 30 September 2016:	£ 0