P&B Forest Service Ltd. - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06452709 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

P&B FOREST SERVICE LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Poppleton

SECRETARY:

Form Online Limited

REGISTERED OFFICE:

6 Bexley Square

Salford

Manchester

M3 6BZ

REGISTERED NUMBER:

06452709 (England and Wales)

ACCOUNTANTS:

BP & Co Chartered Accountants

6 Bexley Square

Salford

Manchester

M3 6BZ

FIXED ASSETS

Tangible assets

4

62,955

43,822

CURRENT ASSETS

Debtors

5

80,114

60,614

Cash at bank and in hand

43,064

30,573

123,178

91,187

CREDITORS

Amounts falling due within one year

6

(136,577

)

(36,471

)

NET CURRENT (LIABILITIES)/ASSETS

(13,399

)

54,716

TOTAL ASSETS LESS CURRENT LIABILITIES

49,556

98,538

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,554

98,536

SHAREHOLDERS' FUNDS

49,556

98,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 December 2017 and were signed by:

S Poppleton - Director

1.	STATUTORY INFORMATION

P&B Forest Service Ltd. is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

112,211

Additions

39,383

At 30 April 2017

151,594

DEPRECIATION

At 1 May 2016

68,389

Charge for year

20,250

At 30 April 2017

88,639

NET BOOK VALUE

At 30 April 2017

62,955

At 30 April 2016

43,822

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

77,438

50,004

Other debtors

2,676

10,610

80,114

60,614

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

57,891

40,493

Taxation and social security

16,767

8,078

Other creditors

61,919

(12,100

)

136,577

36,471