Company Registration No. 05586572 (England and Wales)
Ploughshares Limited
Unaudited accounts
for the year ended 31 March 2017
Ploughshares Limited
Unaudited accounts
Contents
Ploughshares Limited
Company Information
for the year ended 31 March 2017
Company Number
05586572 (England and Wales)
Registered Office
LILAC COTTAGE
THE STREET
DRAYCOTT CHEDDAR
SOMERSET
BS27 3TH
England
Accountants
Hele Kergozou Ltd
Lilac Cottage
The Street, Draycott
Cheddar
Somerset
BS27 3TH
Ploughshares Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Ploughshares Limited for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ploughshares Limited for the year ended
31 March 2017 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Hele Kergozou Ltd
Chartered Accountants
Lilac Cottage
The Street, Draycott
Cheddar
Somerset
BS27 3TH
22 December 2017
Ploughshares Limited
Statement of financial position
as at
31 March 2017
Cash at bank and in hand
1,078
471
Creditors: amounts falling due within one year
(958)
(2,093)
Net current assets
8,947
7,572
Called up share capital
4
4
Profit and loss account
8,943
7,568
Shareholders' funds
8,947
7,572
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 December 2017.
F G Bruce
Director
Company Registration No. 05586572
Ploughshares Limited
Notes to the Accounts
for the year ended 31 March 2017
Ploughshares Limited is a private company, limited by shares, registered in England and Wales, registration number 05586572. The registered office is LILAC COTTAGE, THE STREET, DRAYCOTT CHEDDAR, SOMERSET, BS27 3TH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Other debtors
8,827
9,194
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
484
635
6
Average number of employees
During the year the average number of employees was 1 (2016: 1).