PDAuto Refinishers Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05732946 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

PDAUTO REFINISHERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P D Andrews

Z Andrews

SECRETARY:

Z Andrews

REGISTERED OFFICE:

Unit 9

West Yoke Farm

Michaels Lane

Ash, Near Sevenoaks

Kent

TN15 7EP

REGISTERED NUMBER:

05732946 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Tangible assets

2

3,039

3,221

CURRENT ASSETS

Stocks

14,447

13,860

Debtors

28,223

23,670

Cash in hand

98

42,768

37,628

CREDITORS

Amounts falling due within one year

(45,648

)

(37,170

)

NET CURRENT (LIABILITIES)/ASSETS

(2,880

)

458

TOTAL ASSETS LESS CURRENT
LIABILITIES

159

3,679

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

59

3,579

SHAREHOLDERS' FUNDS

159

3,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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.

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 14 December 2016 and were signed on its behalf
by:

P D Andrews - 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 January 2015).

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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

10,847

Additions

831

At 31 March 2016

11,678

DEPRECIATION

At 1 April 2015

7,626

Charge for year

1,013

At 31 March 2016

8,639

NET BOOK VALUE

At 31 March 2016

3,039

At 31 March 2015

3,221

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100