Registered Number 06814595

A & P PAINTERS & DECORATORS LIMITED

Abbreviated Accounts

27 March 2012

A & P PAINTERS & DECORATORS LIMITED Registered Number 06814595

Abbreviated Balance Sheet as at 27 March 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 4,000 6,000
Tangible assets 3 8,013 7,674
12,013 13,674
Current assets
Debtors 299 605
Cash at bank and in hand 1,999 -
2,298 605
Creditors: amounts falling due within one year (7,275) (11,868)
Net current assets (liabilities) (4,977) (11,263)
Total assets less current liabilities 7,036 2,411
Creditors: amounts falling due after more than one year (4,521) -
Total net assets (liabilities) 2,515 2,411
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,415 2,311
Shareholders' funds 2,515 2,411
  • For the year ending 27 March 2012 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 July 2013

And signed on their behalf by:
Alistair Harrison, Director

A & P PAINTERS & DECORATORS LIMITED Registered Number 06814595

Notes to the Abbreviated Accounts for the period ended 27 March 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant, machinery & motor vehicles - 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets
£
Cost
At 30 March 2011 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 27 March 2012 10,000
Amortisation
At 30 March 2011 4,000
Charge for the year 2,000
On disposals -
At 27 March 2012 6,000
Net book values
At 27 March 2012 4,000
At 29 March 2011 6,000
3Tangible fixed assets
£
Cost
At 30 March 2011 13,296
Additions 8,969
Disposals (10,592)
Revaluations -
Transfers -
At 27 March 2012 11,673
Depreciation
At 30 March 2011 5,622
Charge for the year 2,672
On disposals (4,634)
At 27 March 2012 3,660
Net book values
At 27 March 2012 8,013
At 29 March 2011 7,674

4Transactions with directors

Name of director receiving advance or credit: Alistair Harrison
Description of the transaction: Loan
Balance at 30 March 2011: -
Advances or credits made: £ 299
Advances or credits repaid: -
Balance at 27 March 2012: £ 299