A.T. Decorating Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04756634 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2020

FOR

A.T. DECORATING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A M Fisher

Mrs K A Fisher

SECRETARY:

Mr A M Fisher

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

West Midlands

B15 1TH

REGISTERED NUMBER:

04756634 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

BANKERS:

Barclays Bank PLC

313 High Street

West Bromwich

West Midlands

B70 8LU

INCORPORATED:

7th May 2003

FIXED ASSETS

Tangible assets

3

1,319

340

CURRENT ASSETS

Debtors

5,711

12,776

Cash at bank

8,762

7,937

14,473

20,713

CREDITORS

Amounts falling due within one year

8,733

8,722

NET CURRENT ASSETS

5,740

11,991

TOTAL ASSETS LESS CURRENT LIABILITIES

7,059

12,331

PROVISIONS FOR LIABILITIES

5

251

58

NET ASSETS

6,808

12,273

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

6,708

12,173

SHAREHOLDERS' FUNDS

6,808

12,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2020 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th June 2020 and were signed on its behalf by:

Mr A M Fisher - Director

1.	STATUTORY INFORMATION

A.T. Decorating Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of services provided to the extent that there is a right to consideration and

is recorded at the value of the consideration due.

Tangible fixed assets

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

useful life:

Motor vehicles - 25% reducing balance

Computer equipment - 25% straight line

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalized in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the

shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of

financial assets and liabilities like trade and other accounts receivable and payable.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2019

10,750

Additions

1,419

At 30th April 2020

12,169

DEPRECIATION

At 1st May 2019

10,410

Charge for year

440

At 30th April 2020

10,850

NET BOOK VALUE

At 30th April 2020

1,319

At 30th April 2019

340

4.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2020

2019

£

£

Net obligations repayable:

Within one year

833

-

5.	PROVISIONS FOR LIABILITIES

2020

2019

£

£

Deferred tax

251

58

Deferred

tax

£

Balance at 1st May 2019

58

Movement during the year

193

Balance at 30th April 2020

251

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

80

Ordinary A

£1

80

80

20

Ordinary B

£1

20

20

100

100