Registered Number 06493311

A & P PLASTERING LTD

Micro-entity Accounts

31 March 2017

A & P PLASTERING LTD Registered Number 06493311

Micro-entity Balance Sheet as at 31 March 2017

Notes 2017 2016
£ £
Fixed assets
Tangible assets 2 2
2 2
Current assets
Debtors 6,098 4,628
Cash at bank and in hand 6,491 3,813
12,589 8,441
Creditors: amounts falling due within one year (9,424) (8,314)
Net current assets (liabilities) 3,165 127
Total assets less current liabilities 3,167 129
Total net assets (liabilities) 3,167 129
Capital and reserves
Called up share capital 2 2
Profit and loss account 3,165 127
Shareholders' funds 3,167 129
  • For the year ending 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 December 2017

And signed on their behalf by:
P Marsden, Director

A & P PLASTERING LTD Registered Number 06493311

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years