REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2012 |
FOR |
PLANTOOL LIMITED |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2012 |
FOR |
PLANTOOL LIMITED |
PLANTOOL LIMITED (REGISTERED NUMBER: 01561496) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 December 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
PLANTOOL LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 December 2012 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
PLANTOOL LIMITED (REGISTERED NUMBER: 01561496) |
ABBREVIATED BALANCE SHEET |
31 December 2012 |
2012 | 2011 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT |
LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Share premium |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
PLANTOOL LIMITED (REGISTERED NUMBER: 01561496) |
ABBREVIATED BALANCE SHEET - continued |
31 December 2012 |
The financial statements were approved by the Board of Directors on |
PLANTOOL LIMITED (REGISTERED NUMBER: 01561496) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 December 2012 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Goodwill |
Goodwill, being the amount paid in connection with the aquisitions of businesses, is being amortised evenly over |
its estimated useful life of five years. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is provided in full on timing differences which result in an obligation at the Balance Sheet date to |
pay more tax, or a right to pay less tax, at a future date at rates expected to apply when they crystallise based on |
current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in |
taxation computations in periods different from those in which they are included in the financial statements. |
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be |
recovered. Deferred tax assets and liabilities are not discounted. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
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 the profit and loss account in the period to which they relate. |
PLANTOOL LIMITED (REGISTERED NUMBER: 01561496) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 31 December 2012 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2012 |
and 31 December 2012 |
AMORTISATION |
At 1 January 2012 |
and 31 December 2012 |
NET BOOK VALUE |
At 31 December 2012 |
At 31 December 2011 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2012 |
Additions |
Disposals | ( |
) |
At 31 December 2012 |
DEPRECIATION |
At 1 January 2012 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 December 2012 |
NET BOOK VALUE |
At 31 December 2012 |
At 31 December 2011 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2012 | 2011 |
value: | £ | £ |
Ordinary | £1 |