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REGISTERED NUMBER: 06043845 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st January 2017

for

Power Jointing Services Limited

Power Jointing Services Limited (Registered number: 06043845)






Contents of the Financial Statements
for the Year Ended 31st January 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Power Jointing Services Limited

Company Information
for the Year Ended 31st January 2017







DIRECTOR: R S G Coleman





SECRETARY: Mrs N Coleman





REGISTERED OFFICE: 19 Valencia Way
Andover
Hampshire
SP10 1JG





REGISTERED NUMBER: 06043845 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Power Jointing Services Limited (Registered number: 06043845)

Balance Sheet
31st January 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,961 40,833

CURRENT ASSETS
Debtors 5 330 -
Cash at bank and in hand 6,393 37,037
6,723 37,037
CREDITORS
Amounts falling due within one year 6 20,539 49,504
NET CURRENT LIABILITIES (13,816 ) (12,467 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,145

28,366

PROVISIONS FOR LIABILITIES 425 5,270
NET ASSETS 1,720 23,096

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,718 23,094
SHAREHOLDERS' FUNDS 1,720 23,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 8th August 2017 and were signed by:





R S G Coleman - Director


Power Jointing Services Limited (Registered number: 06043845)

Notes to the Financial Statements
for the Year Ended 31st January 2017

1. STATUTORY INFORMATION

Power Jointing Services Limited 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.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on reducing balance

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 4 ) .

Power Jointing Services Limited (Registered number: 06043845)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2017

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2016 15,275 84,208 99,483
Disposals - (46,749 ) (46,749 )
At 31st January 2017 15,275 37,459 52,734
DEPRECIATION
At 1st February 2016 786 57,864 58,650
Charge for year 759 7,213 7,972
Eliminated on disposal - (29,849 ) (29,849 )
At 31st January 2017 1,545 35,228 36,773
NET BOOK VALUE
At 31st January 2017 13,730 2,231 15,961
At 31st January 2016 14,489 26,344 40,833

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 330 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors - 10,320
Tax 9,493 20,660
Social security and other taxes - 63
VAT 1,570 16,931
Directors' current accounts 8,526 330
Accrued expenses 950 1,200
20,539 49,504

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £21,500 were paid to the director .