Registered Number 06421633
PLUMBING 194 LTD
Abbreviated Accounts
30 November 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 3 |
( |
( |
Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 3 |
( |
( |
Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Turnover is recognised to the extent that the company obtains the right to consideration as contract activity progresses.
Tangible assets depreciation policy
Plant and machinery - 25% straight line
Motor vehicles - 15% straight line
Other accounting policies
Assets obtained under hire purchase contracts are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
£ | |
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Cost | |
At 1 December 2014 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 November 2015 |
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Depreciation | |
At 1 December 2014 |
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Charge for the year |
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On disposals |
( |
At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 9,359 |
At 30 November 2014 | 10,112 |
2015
£ |
2014
£ |
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Secured Debts |
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5 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 December 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 30 November 2015: | £ |