A&R Painting Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08441975 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

A&R Painting Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

B P Russell

REGISTERED OFFICE:

Burton Manor

The Village

Burton

Cheshire

CH64 5SJ

REGISTERED NUMBER:

08441975 (England and Wales)

ACCOUNTANTS:

The Hampden Partnership Limited

Graeme House

Derby Square

Liverpool

Merseyside

L2 7ZH

CURRENT ASSETS

Debtors

4

43,142

67,677

Cash at bank

326

8

43,468

67,685

CREDITORS

Amounts falling due within one year

5

49,348

436,739

NET CURRENT LIABILITIES

(5,880

)

(369,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,880

)

(369,054

)

CAPITAL AND RESERVES

Called up share capital

70,000

70,000

Retained earnings

(75,880

)

(439,054

)

SHAREHOLDERS' FUNDS

(5,880

)

(369,054

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 1 April 2022 and were signed by:

B P Russell - Director

1.	STATUTORY INFORMATION

A&R Painting Services Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

35,487

36,343

Amounts owed by group undertakings

-

11,373

Amounts owed by associates

7,655

7,655

Other debtors

-

12,306

43,142

67,677

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade creditors

4,041

231,701

Amounts owed to associates

-

170,809

Taxation and social security

-

32,203

Other creditors

45,307

2,026

49,348

436,739

6.	SECURED DEBTS

The invoice finance facility, which included in other creditors, is secured by a fixed and floating charge over the assets of the company.

7.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent undertaking and controlling party is Russell Painting Holdings Limited and is exempt under S399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. The registered office of Russell Painting Holdings Limited is Burton Manor, The Village, Burton, Neston CH64 5SJ.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2021 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

The Hampden Partnership Limited

Graeme House

Derby Square

Liverpool

Merseyside

L2 7ZH

1 April 2022