Preservatim (Southern) Limited 06254870 false true 2011-07-01 2012-06-30 2012-06-30 06254870 2011-07-01 2012-06-30 06254870 2012-06-30 06254870 uk-bus:OrdinaryShareClass1 2012-06-30 06254870 uk-bus:Director1 2011-07-01 2012-06-30 06254870 uk-bus:OrdinaryShareClass1 2011-07-01 2012-06-30 06254870 uk-bus:EntityAccountantsOrAuditors 2011-07-01 2012-06-30 06254870 uk-gaap:PlantMachinery 2011-07-01 2012-06-30 06254870 2011-06-30 06254870 2011-06-30 06254870 uk-bus:OrdinaryShareClass1 2011-06-30 iso4217:GBP xbrli:shares

Registration number: 06254870

Preservatim (Southern) Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2012
 

Redshield Business Solutions Ltd
Chartered Accountants
Unit 2
Birchden Farm
Broadwater Forest Lane
Groombridge, Tunbridge Wells
Kent
TN3 9NR

 

Preservatim (Southern) Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Preservatim (Southern) Limited
(Registration number: 06254870)
Abbreviated Balance Sheet at 30 June 2012

 

Note

   

2012
£

   

2011
£

 

Fixed assets

 

   

   

 

Tangible fixed assets

 

   

6,385

   

7,738

 

Current assets

 

   

   

 

Stocks

 

   

1,838

   

690

 

Debtors

 

   

719

   

816

 

Cash at bank and in hand

 

   

19,716

   

18,457

 

 

   

22,273

   

19,963

 

Creditors: Amounts falling due within one year

 

   

(28,130)

   

(27,420)

 

Net current liabilities

 

   

(5,857)

   

(7,457)

 

Net assets

 

   

528

   

281

 

Capital and reserves

 

   

   

 

Called up share capital

 

3

   

2

   

2

 

Profit and loss account

 

   

526

   

279

 

Shareholders' funds

 

   

528

   

281

 

For the year ending 30 June 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 5 November 2012 and signed on its behalf by:

.........................................
A D Field
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Preservatim (Southern) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2012
......... continued

1

Accounting policies

Basis of preparation

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).

Turnover

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

Depreciation

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:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance method

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

Preservatim (Southern) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2012
......... continued

2

Fixed assets

 

Tangible assets
£

   

Total
£

 

Cost

 

   

 

At 1 July 2011

 

14,764

   

14,764

 

Additions

 

776

   

776

 

At 30 June 2012

 

15,540

   

15,540

 

Depreciation

 

   

 

At 1 July 2011

 

7,026

   

7,026

 

Charge for the year

 

2,129

   

2,129

 

At 30 June 2012

 

9,155

   

9,155

 

Net book value

 

   

 

At 30 June 2012

 

6,385

   

6,385

 

At 30 June 2011

 

7,738

   

7,738

 

3

Share capital

Allotted, called up and fully paid shares

 

2012

2011

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

   

2

   

2