Abbreviated Company Accounts - PAINT YOUR PLASTICS LIMITED

PAINT YOUR PLASTICS LIMITED - Company Information

07459389 PAINT YOUR PLASTICS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07459389 2014-01-01 2014-12-31 07459389 2014-12-31 07459389 2013-12-31 07459389 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07459389 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07459389

PAINT YOUR PLASTICS LIMITED

Abbreviated Accounts

31 December 2014

PAINT YOUR PLASTICS LIMITED Registered Number 07459389

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,600	4,200
		3,600	4,200
Current assets
Debtors		2,532	1,576
Cash at bank and in hand		768	-
		3,300	1,576
Creditors: amounts falling due within one year		(30,164)	(28,849)
Net current assets (liabilities)		(26,864)	(27,273)
Total assets less current liabilities		(23,264)	(23,073)
Total net assets (liabilities)		(23,264)	(23,073)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(23,266)	(23,075)
Shareholders' funds		(23,264)	(23,073)

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 September 2015

And signed on their behalf by:
HAYDN WELLS, Director

PAINT YOUR PLASTICS LIMITED Registered Number 07459389

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
TURNOVER REPRESENTS THE VALUE, NET OF VALUE ADDED TAX AND DISCOUNTS, OF GOODS PROVIDED TO CUSTOMERS AND WORK CARRIED OUT IN RESPECT OF SERVICES PROVIDED TO CUSTOMERS

Tangible assets depreciation policy
DEPRECIATION HAS BEEN PROVIDED AT THE FOLLOWING RATES IN ORDER TO WRITE OFF THE ASSETS OVER THEIR ESTIMATED USEFUL LIVES

PLANT AND MACHINERY 10% STRAIGHT LINE

2Tangible fixed assets

	£
Cost
At 1 January 2014	6,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	6,000
Depreciation
At 1 January 2014	1,800
Charge for the year	600
On disposals	-
At 31 December 2014	2,400
Net book values
At 31 December 2014	3,600
At 31 December 2013	4,200

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2