Company Registration No. 07060719 (England and Wales)
ABSOLUTE PEST SOLUTIONS WALES LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2016
ABSOLUTE PEST SOLUTIONS WALES LTD
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
5,954
Current assets
Debtors
-
1,815
Cash at bank and in hand
1,219
6,798
1,219
8,613
Creditors: amounts falling due within one year
(9,134)
(13,628)
Net current liabilities
(7,915)
(5,015)
Total assets less current liabilities
(7,915)
939
Provisions for liabilities
-
(1,191)
(7,915)
(252)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(8,015)
(352)
Shareholders' funds
(7,915)
(252)
For the financial Period ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 6 July 2016
Mr Steven Jackson
Director
Company Registration No. 07060719
ABSOLUTE PEST SOLUTIONS WALES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MAY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
at 10% per annum straight line basis
Motor vehicles
at 15% per annum straight line basis
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2015
19,830
Additions
8,814
Disposals
(28,644)
At 31 May 2016
-
Depreciation
At 1 November 2015
13,876
On disposals
(19,468)
Charge for the period
5,592
At 31 May 2016
-
Net book value
At 31 May 2016
-
At 31 October 2015
5,954
ABSOLUTE PEST SOLUTIONS WALES LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100