Total Protection (Painting Solutions) Lt - Abbreviated accounts 16.3

REGISTERED NUMBER: 07786205 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2016

for

TOTAL PROTECTION (PAINTING SOLUTIONS)

LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr M J Morley

Mr G S J Bollen

SECRETARY:

Mr G J Raven

REGISTERED OFFICE:

Monometer House

Rectory Grove

Leigh on Sea

Essex

SS9 2HN

REGISTERED NUMBER:

07786205 (England and Wales)

ACCOUNTANTS:

Denmark Forrester Limited

Office 12, The Bentalls Centre

Colchester Road

Heybridge

Maldon

Essex

CM9 4GD

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Total Protection (Painting Solutions) Limited for the year ended 31st March 2016 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Total Protection (Painting Solutions) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Total Protection (Painting Solutions) Limited and state those matters that we have agreed to state to the Board of Directors of Total Protection (Painting Solutions) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Protection (Painting Solutions) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Total Protection (Painting Solutions) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Total Protection (Painting Solutions) Limited. You consider that Total Protection (Painting Solutions) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Total Protection (Painting Solutions) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Denmark Forrester Limited

Office 12, The Bentalls Centre

Colchester Road

Heybridge

Maldon

Essex

CM9 4GD

23rd December 2016

FIXED ASSETS

Tangible assets

2

4,022

-

CURRENT ASSETS

Stocks

11,901

-

Debtors

1,028,035

821,572

Cash at bank and in hand

473,199

510

1,513,135

822,082

CREDITORS

Amounts falling due within one year

945,229

792,814

NET CURRENT ASSETS

567,906

29,268

TOTAL ASSETS LESS CURRENT
LIABILITIES

571,928

29,268

PROVISIONS FOR LIABILITIES

804

-

NET ASSETS

571,124

29,268

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

570,924

29,068

SHAREHOLDERS' FUNDS

571,124

29,268

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 23rd December 2016 and were signed on its behalf
by:

Mr M J Morley - Director

Mr G S J Bollen - 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).

Preparation of consolidated financial statements

The company and its parent comprise a small group. The company has therefore taken advantage of the

exemption provided in section 398 of the Companies Act 2006 not to prepare group financial statements and

accordingly these financial statements present information about the company as a single undertaking.

Turnover

Turnover represents net sales of goods and services for the year, 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% straight line and 20% straight line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Pension costs and other post-retirement benefits

The company operates a money purchase 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

Additions

4,695

At 31st March 2016

4,695

DEPRECIATION

Charge for year

673

At 31st March 2016

673

NET BOOK VALUE

At 31st March 2016

4,022

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

150

Ordinary 'A'

£1

150

25

Ordinary 'B'

£1

25

Ordinary 'C'

£1

25

200

4.	ULTIMATE PARENT COMPANY

Total Protection (Holdings) Limited is the ultimate parent company and controlling party of Total Protection

(Painting Solutions) Limited for this and the preceding year due to its 100% shareholding of Total Protection

(Great Britain) Limited which owns 75% of the issued share capital of Total Protection (Painting Solutions)

Limited.