P S DECOR LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07286506 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

P S DECOR LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Slack

SECRETARY:

P Slack

REGISTERED OFFICE:

293 Kenton Lane

Harrow

Middlesex

HA3 8RR

REGISTERED NUMBER:

07286506 (England and Wales)

ACCOUNTANTS:

RICHMAN & COMPANY

293 Kenton Lane

Harrow

Middlesex

HA3 8RR

FIXED ASSETS

Tangible assets

2

80

80

CURRENT ASSETS

Debtors

259

-

Cash at bank

59,516

43,550

59,775

43,550

CREDITORS

Amounts falling due within one year

59,491

43,268

NET CURRENT ASSETS

284

282

TOTAL ASSETS LESS CURRENT LIABILITIES

364

362

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

363

361

SHAREHOLDERS' FUNDS

364

362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 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 director on 24 July 2015 and were signed by:

P Slack - 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 April 2008).

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.

Fixtures and fittings

-

20% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

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

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

397

DEPRECIATION

At 1 July 2014

and 30 June 2015

317

NET BOOK VALUE

At 30 June 2015

80

At 30 June 2014

80

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

1

Ordinary

1

1

1