REGISTERED NUMBER: 05730953 (England and Wales)

A & R LOWE PLASTERING LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Lowe

A Lowe

SECRETARY:

Mrs V J Lowe

REGISTERED OFFICE:

8 Tennyson Gardens

Horncastle

Lincolnshire

LN9 6DB

REGISTERED NUMBER:

05730953 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe

Chartered Certified Accountants

Rollestone House

Bridge Street

Horncastle

Lincolnshire

LN9 5HZ

FIXED ASSETS

Tangible assets

2

2,601

3,370

CURRENT ASSETS

Stocks

-

1,000

Debtors

8,626

8,464

Cash at bank

583

2,506

9,209

11,970

CREDITORS

Amounts falling due within one year

9,493

12,646

NET CURRENT LIABILITIES

(284

)

(676

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,317

2,694

PROVISIONS FOR LIABILITIES

463

604

NET ASSETS

1,854

2,090

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,754

1,990

SHAREHOLDERS' FUNDS

1,854

2,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 September 2016 and were signed on its behalf by:

R Lowe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

4,378

DEPRECIATION

At 1 February 2015

1,008

Charge for year

769

At 31 January 2016

1,777

NET BOOK VALUE

At 31 January 2016

2,601

At 31 January 2015

3,370

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100