P A Collis Decorating Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04901516 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

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

2,730

3,641

CURRENT ASSETS

Stocks

245

190

Debtors

2,417

1,707

Cash at bank

34,756

34,678

37,418

36,575

CREDITORS

Amounts falling due within one year

32,127

24,196

NET CURRENT ASSETS

5,291

12,379

TOTAL ASSETS LESS CURRENT LIABILITIES

8,021

16,020

PROVISIONS FOR LIABILITIES

546

728

NET ASSETS

7,475

15,292

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

7,474

15,291

SHAREHOLDERS' FUNDS

7,475

15,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 11 February 2017 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 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.

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 2015

and 30 September 2016

9,130

DEPRECIATION

At 1 October 2015

5,489

Charge for year

911

At 30 September 2016

6,400

NET BOOK VALUE

At 30 September 2016

2,730

At 30 September 2015

3,641

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

1

Ordinary

£1

1

1