Slater & Mayes Drywall Solutions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08940933 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 17 MARCH 2014 TO 31 MARCH 2015

FOR

SLATER & MAYES DRYWALL SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr G L Slater

Mr D Mayes

REGISTERED OFFICE:

86 Academy Drive

Gillingham

Kent

ME7 3EJ

REGISTERED NUMBER:

08940933 (England and Wales)

ACCOUNTANTS:

Stephen Hill Partnership Limited

139-141 Watling Street

Gillingham

Kent

ME7 2YY

FIXED ASSETS

Tangible assets

2

450

CURRENT ASSETS

Debtors

9,287

Cash at bank and in hand

4,782

14,069

CREDITORS

Amounts falling due within one year

11,060

NET CURRENT ASSETS

3,009

TOTAL ASSETS LESS CURRENT LIABILITIES

3,459

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

3,457

SHAREHOLDERS' FUNDS

3,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 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 6 August 2015 and were signed on its behalf by:

Mr D Mayes - Director

Mr G L Slater - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

applicable accounting standards.

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

-

25% on reducing balance

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

Additions

606

At 31 March 2015

606

DEPRECIATION

Charge for period

156

At 31 March 2015

156

NET BOOK VALUE

At 31 March 2015

450

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .