Registered Number 04136472

TOTAL PLUMBING SUPPLIES LIMITED

Abbreviated Accounts

31 December 2012

TOTAL PLUMBING SUPPLIES LIMITED Registered Number 04136472

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 202,067 143,778
Investments 3 70 -
202,137 143,778
Current assets
Stocks 519,297 554,997
Debtors 867,048 784,669
Investments 21,900 21,900
Cash at bank and in hand 130,624 176,247
1,538,869 1,537,813
Creditors: amounts falling due within one year (1,227,450) (1,243,880)
Net current assets (liabilities) 311,419 293,933
Total assets less current liabilities 513,556 437,711
Provisions for liabilities (26,347) (26,090)
Total net assets (liabilities) 487,209 411,621
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 487,109 411,521
Shareholders' funds 487,209 411,621
  • For the year ending 31 December 2012 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2013

And signed on their behalf by:
I D MOSES, Director

TOTAL PLUMBING SUPPLIES LIMITED Registered Number 04136472

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing group accounts
The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Short leasehold land and buildings - Straight line over the life of the lease
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2012 301,191
Additions 116,719
Disposals -
Revaluations -
Transfers -
At 31 December 2012 417,910
Depreciation
At 1 January 2012 157,413
Charge for the year 58,430
On disposals -
At 31 December 2012 215,843
Net book values
At 31 December 2012 202,067
At 31 December 2011 143,778

3Fixed assets Investments
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking - Total Renewable Solutions South West Limited
Holding - Ordinary shares
Proportion of voting rights - 70%
Principal activity - Wholesale of hardware, plumbing and renewable heating equipment and
supplies

The financial period end of Total Renewable Solutions South West Limited is 31 May.

4Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
100 Ordinary shares of £1 each 100 100