Registered Number 07314874

A.M.S. DRY LINING SPECIALISTS LTD

Abbreviated Accounts

31 August 2012

A.M.S. DRY LINING SPECIALISTS LTD Registered Number 07314874

Abbreviated Balance Sheet as at 31 August 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 - 13,725
- 13,725
Current assets
Debtors 6,920 23,903
Cash at bank and in hand 68 11,513
6,988 35,416
Creditors: amounts falling due within one year (9,581) (35,322)
Net current assets (liabilities) (2,593) 94
Total assets less current liabilities (2,593) 13,819
Creditors: amounts falling due after more than one year - (6,093)
Provisions for liabilities - (1,945)
Total net assets (liabilities) (2,593) 5,781
Capital and reserves
Called up share capital 100 100
Profit and loss account (2,693) 5,681
Shareholders' funds (2,593) 5,781
  • For the year ending 31 August 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 30 May 2013

And signed on their behalf by:
A Rogers, Director

A.M.S. DRY LINING SPECIALISTS LTD Registered Number 07314874

Notes to the Abbreviated Accounts for the period ended 31 August 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 amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Plant & machinery 15% reducing balance
Motor Vehicles 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2011 18,300
Additions -
Disposals (18,300)
Revaluations -
Transfers -
At 31 August 2012 0
Depreciation
At 1 September 2011 4,575
Charge for the year 3,432
On disposals (8,007)
At 31 August 2012 0
Net book values
At 31 August 2012 0
At 31 August 2011 13,725

3Transactions with directors

Included in creditors due within one year is an amount of £8,049 (2011 - £22,395) owed to sole director and shareholder A Rogers.