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REGISTERED NUMBER: 06824813 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 28 February 2013

for

A & E Paint Repair Specialist Limited

A & E Paint Repair Specialist Limited (Registered number: 06824813)






Contents of the Abbreviated Accounts
for the Year Ended 28 February 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 5

A & E Paint Repair Specialist Limited

Company Information
for the Year Ended 28 February 2013







DIRECTOR: D Thompson





SECRETARY: Miss J A Hines





REGISTERED OFFICE: 23 Parkville Highway
Holbrooks
Coventry
CV6 4HT





REGISTERED NUMBER: 06824813 (England and Wales)





ACCOUNTANTS: SJS Accountancy Services
Unit 21
King Street Buildings
Enderby
Leicester
Leicestershire
LE19 4NT

A & E Paint Repair Specialist Limited (Registered number: 06824813)

Abbreviated Balance Sheet
28 February 2013

28.2.13 28.2.12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 752 2,041

CURRENT ASSETS
Stocks 1,000 3,500
Debtors 2,679 11,919
Cash at bank 1 1
3,680 15,420
CREDITORS
Amounts falling due within one year 12,034 14,489
NET CURRENT (LIABILITIES)/ASSETS (8,354 ) 931
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,602
)
2,972

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (7,702 ) 2,872
SHAREHOLDERS' FUNDS (7,602 ) 2,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2013 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 20 May 2013 and were signed by:





D Thompson - Director


A & E Paint Repair Specialist Limited (Registered number: 06824813)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2013

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 - 33% on cost, 20% on reducing balance and 15% 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.

Going concern
The financial statements have been prepared on a going concern basis which assumes the company will continue
to trade. The assumption depends upon the ability of the director to maintain the necessary financial support.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 29 February 2012 4,797
Additions 439
Disposals (2,500 )
At 28 February 2013 2,736
DEPRECIATION
At 29 February 2012 2,756
Charge for year 448
Eliminated on disposal (1,220 )
At 28 February 2013 1,984
NET BOOK VALUE
At 28 February 2013 752
At 28 February 2012 2,041

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.13 28.2.12
value: £    £   
100 Ordinary 1 100 100

A & E Paint Repair Specialist Limited (Registered number: 06824813)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2013

4. TRANSACTIONS WITH DIRECTOR

The following loan to directors subsisted during the years ended 28 February 2013 and 28 February 2012:

28.2.13 28.2.12
£    £   
D Thompson
Balance outstanding at start of year - -
Amounts advanced 1,782 -
Amounts repaid - -
Balance outstanding at end of year 1,782 -

During the year, Mr D Thompson had an overdrawn loan account amounting to £1,782. This was the maximum
amount outstanding during the year.

5. GOING CONCERN

As explained in the accounting policies on page 3, the accounts have been prepared on a going concern basis. The
ability to trade depends substantially on the continued support of the company's director. We have accepted
management assurances that the director will maintain the financial support outlined above.

A & E Paint Repair Specialist Limited

Report of the Accountants to the Director of
A & E Paint Repair Specialist Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
28 February 2013 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






SJS Accountancy Services
Unit 21
King Street Buildings
Enderby
Leicester
Leicestershire
LE19 4NT


20 May 2013