P A Collis Decorating Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04901516 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

P A COLLIS DECORATING SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Collis

SECRETARY:

Ms S Bracken

REGISTERED OFFICE:

South Stour Offices

Roman Road

Mersham

Ashford

Kent

TN25 7HS

REGISTERED NUMBER:

04901516 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

Roman Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Tangible assets

2

3,641

4,854

CURRENT ASSETS

Stocks

190

2,110

Debtors

1,707

352

Cash at bank

34,678

38,716

36,575

41,178

CREDITORS

Amounts falling due within one year

24,196

5,154

NET CURRENT ASSETS

12,379

36,024

TOTAL ASSETS LESS CURRENT LIABILITIES

16,020

40,878

PROVISIONS FOR LIABILITIES

728

971

NET ASSETS

15,292

39,907

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

15,291

39,906

SHAREHOLDERS' FUNDS

15,292

39,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director on 12 December 2015 and were signed by:

P Collis - Director

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.

Tangible fixed assets

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

Plant and machinery etc

-

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

9,130

DEPRECIATION

At 1 October 2014

4,276

Charge for year

1,213

At 30 September 2015

5,489

NET BOOK VALUE

At 30 September 2015

3,641

At 30 September 2014

4,854

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

1

Ordinary

£1

1

1