Abbreviated Company Accounts - EMERALD PAINTERS LTD

09850058 EMERALD PAINTERS LTD 2016-10-31 false 2015-10-30 2016-10-31 true 09850058 2015-10-30 2016-10-31 09850058 2016-10-31 09850058 uk-gaap-cd-bus:Director1 2015-10-30 2016-10-31 09850058 uk-gaap-cd-bus:Director2 2015-10-30 2016-10-31 uk-gaap-cd-bus:Director3 2015-10-30 2016-10-31 uk-gaap-cd-bus:Director3 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-30 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 iso4217:GBP shares

Registered Number 09850058

EMERALD PAINTERS LTD

Abbreviated Accounts

31 October 2016

EMERALD PAINTERS LTD Registered Number 09850058

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	19,466
		19,466
Current assets
Debtors		58,563
Cash at bank and in hand		26,928
		85,491
Creditors: amounts falling due within one year		(53,583)
Net current assets (liabilities)		31,908
Total assets less current liabilities		51,374
Creditors: amounts falling due after more than one year		(8,191)
Provisions for liabilities		(3,893)
Total net assets (liabilities)		39,290
Capital and reserves
Called up share capital	3	3
Profit and loss account		39,287
Shareholders' funds		39,290

For the year ending 31 October 2016 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 24 July 2017

And signed on their behalf by:
Conor Mcilvenny, Director

EMERALD PAINTERS LTD Registered Number 09850058

Notes to the Abbreviated Accounts for the period ended 31 October 2016

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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment - 25% straight line, Motor vehicles: 25% straight line

2Tangible fixed assets

	£
Cost
Additions	25,955
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	25,955
Depreciation
Charge for the year	6,489
On disposals	-
At 31 October 2016	6,489
Net book values
At 31 October 2016	19,466

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
3 Ordinary shares of £1 each	3

4Transactions with directors

Name of director receiving advance or credit:	Conor Mcilvenny
Description of the transaction:	Interest free loans
Balance at 30 October 2015:	-
Advances or credits made:	£ 4,237
Advances or credits repaid:	-
Balance at 31 October 2016:	£ 4,237

The balance on the director's loan account was repaid in full after the year end by the issue of a dividend.