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REGISTERED NUMBER: 01561496 (England and Wales)
















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

PLANTOOL LIMITED

PLANTOOL LIMITED (REGISTERED NUMBER: 01561496)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PLANTOOL LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2015







DIRECTORS: S G M Jones
B Jones





SECRETARY: B M Jones





REGISTERED OFFICE: 3 Low March Industrial Estate
Daventry
Northamptonshire
NN11 4SD





REGISTERED NUMBER: 01561496 (England and Wales)





ACCOUNTANTS: Stewart Fletcher and Barrett
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU

PLANTOOL LIMITED (REGISTERED NUMBER: 01561496)

ABBREVIATED BALANCE SHEET
31 December 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 1,769,925 1,486,028
1,769,925 1,486,028

CURRENT ASSETS
Stocks 15,270 14,543
Debtors 307,579 287,651
Cash in hand 4,138 1,600
326,987 303,794
CREDITORS
Amounts falling due within one year 4 836,934 583,466
NET CURRENT LIABILITIES (509,947 ) (279,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,259,978 1,206,356

CREDITORS
Amounts falling due after more than one
year

4

(310,817

)

(326,274

)

PROVISIONS FOR LIABILITIES (176,330 ) (144,404 )
NET ASSETS 772,831 735,678

CAPITAL AND RESERVES
Called up share capital 5 22,000 22,000
Share premium 28,000 28,000
Profit and loss account 722,831 685,678
SHAREHOLDERS' FUNDS 772,831 735,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

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 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 June 2016 and were signed on its behalf by:





B M Jones - Director


PLANTOOL LIMITED (REGISTERED NUMBER: 01561496)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2015

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 January 2015).

Turnover
Turnover is the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and
VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 20% on cost
Hire fleet - 50% on cost, 33% on cost, 25% on cost, 20% on cost, 10% on cost and Straight line over 20 years
Fixtures and fittings - 25% on cost and 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 166,142
AMORTISATION
At 1 January 2015
and 31 December 2015 166,142
NET BOOK VALUE

At 31 December 2015 -
At 31 December 2014 -

PLANTOOL LIMITED (REGISTERED NUMBER: 01561496)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 December 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 2,617,071
Additions 500,501
Disposals (152,470 )
At 31 December 2015 2,965,102
DEPRECIATION
At 1 January 2015 1,131,043
Charge for year 164,394
Eliminated on disposal (100,260 )
At 31 December 2015 1,195,177
NET BOOK VALUE
At 31 December 2015 1,769,925
At 31 December 2014 1,486,028

4. CREDITORS

Creditors include an amount of £ 705,946 (2014 - £ 630,921 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2015 2014
value: £    £   
22,000 Ordinary shares £1 22,000 22,000

6. ULTIMATE PARENT COMPANY

The ultimate parent company is Mayo Rose Limited, a company which owns 82% of the issued share capital of
Plantool Limited.