REGISTERED NUMBER: 05016080 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

P G HOPKINS DECORATING SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P G Hopkins

L P Hopkins

SECRETARY:

REGISTERED OFFICE:

95 Church Road

Erdington

Birmingham

B24 9BE

REGISTERED NUMBER:

05016080 (England and Wales)

ACCOUNTANTS:

Stanley G Williams & Sons

95 Church Road

Erdington

Birmingham

B24 9BE

FIXED ASSETS

Tangible assets

2

4,751

6,335

CURRENT ASSETS

Stocks

2,000

2,450

Debtors

75,282

53,830

Cash at bank

8,792

3,793

86,074

60,073

CREDITORS

Amounts falling due within one year

54,366

51,472

NET CURRENT ASSETS

31,708

8,601

TOTAL ASSETS LESS CURRENT LIABILITIES

36,459

14,936

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

36,359

14,836

SHAREHOLDERS' FUNDS

36,459

14,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 10 October 2014 and were signed on its behalf by:

P G Hopkins - Director

Mrs W P Hopkins - 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

41,136

DEPRECIATION

At 1 February 2013

34,801

Charge for year

1,584

At 31 January 2014

36,385

NET BOOK VALUE

At 31 January 2014

4,751

At 31 January 2013

6,335

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100