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 2021

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

4

900

1,319

CURRENT ASSETS

Debtors

12,843

5,711

Cash at bank

9,018

8,762

21,861

14,473

CREDITORS

Amounts falling due within one year

8,950

8,733

NET CURRENT ASSETS

12,911

5,740

TOTAL ASSETS LESS CURRENT LIABILITIES

13,811

7,059

PROVISIONS FOR LIABILITIES

6

171

251

NET ASSETS

13,640

6,808

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

13,540

6,708

SHAREHOLDERS' FUNDS

13,640

6,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2021 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 2021 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 14th July 2021 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 and loans from related parties.

Debtors

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

Creditors

Short term trade creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2020

and 30th April 2021

12,169

DEPRECIATION

At 1st May 2020

10,850

Charge for year

419

At 30th April 2021

11,269

NET BOOK VALUE

At 30th April 2021

900

At 30th April 2020

1,319

5.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2021

2020

£

£

Net obligations repayable:

Within one year

-

833

6.	PROVISIONS FOR LIABILITIES

2021

2020

£

£

Deferred tax

171

251

Deferred

tax

£

Balance at 1st May 2020

251

Movement during the year

(80

)

Balance at 30th April 2021

171

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

80

Ordinary A

£1

80

80

20

Ordinary B

£1

20

20

100

100