Registered number
07288581
A&D DECORATIONS LIMITED
Filleted Accounts
31 March 2018
A&D DECORATIONS LIMITED
Registered number: 07288581
Balance Sheet
as at 31 March 2018
Notes 2018 2017
£ £
Fixed assets
Tangible assets 2 853 1,040
Current assets
Cash at bank and in hand 181,792 25,545
Creditors: amounts falling due within one year 3 (49,412) 2,016
Net current assets 132,380 27,561
Net assets 133,233 28,601
Capital and reserves
Called up share capital 100 100
Profit and loss account 133,133 28,501
Shareholder's funds 133,233 28,601
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A De Beer
Director
Approved by the board on 14 November 2018
A&D DECORATIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2018
1 Accounting policies
Basis of preparation
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
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 fixed assets
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:
Equipment 18% reducing balance
2 Tangible fixed assets
Equipment
£
Cost
At 1 April 2017 2,230
At 31 March 2018 2,230
Depreciation
At 1 April 2017 1,190
Charge for the year 187
At 31 March 2018 1,377
Net book value
At 31 March 2018 853
At 31 March 2017 1,040
3 Creditors: amounts falling due within one year 2018 2017
£ £
Director current account 4,859 47
Taxation and social security costs 44,013 (3,695)
Other creditors 540 1,632
49,412 (2,016)
4 Other information
A&D DECORATIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
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