Abbreviated Company Accounts - SANDOWN PAINTING SERVICES LIMITED

Abbreviated Company Accounts - SANDOWN PAINTING SERVICES LIMITED


Registered Number 08980680

SANDOWN PAINTING SERVICES LIMITED

Abbreviated Accounts

31 March 2015

SANDOWN PAINTING SERVICES LIMITED Registered Number 08980680

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015
£
Fixed assets
Tangible assets 2 939
939
Current assets
Debtors 9,961
Cash at bank and in hand 24,722
34,683
Creditors: amounts falling due within one year (16,220)
Net current assets (liabilities) 18,463
Total assets less current liabilities 19,402
Total net assets (liabilities) 19,402
Capital and reserves
Called up share capital 3 2
Profit and loss account 19,400
Shareholders' funds 19,402
  • For the year ending 31 March 2015 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 25 November 2015

And signed on their behalf by:
A J Ellis, Director

SANDOWN PAINTING SERVICES LIMITED Registered Number 08980680

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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:
Fixtures, Fittings & Equipment 15%

2Tangible fixed assets
£
Cost
Additions 1,105
Disposals -
Revaluations -
Transfers -
At 31 March 2015 1,105
Depreciation
Charge for the year 166
On disposals -
At 31 March 2015 166
Net book values
At 31 March 2015 939
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2 Ordinary shares of £1 each 2