Coleman Plastering Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05359476 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

COLEMAN PLASTERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M J Coleman

SECRETARY:

Mrs S L Coleman

REGISTERED OFFICE:

25 Pinfold Lane

Stallingborough

N E Lincolnshire

DN41 8AB

REGISTERED NUMBER:

05359476 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Registered Auditors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

-

Intangible assets

2

-

9,031

Tangible assets

3

8,178

9,031

8,178

CURRENT ASSETS

68

Stocks

169

44,015

Debtors

21,187

1,405

Cash at bank

8,785

45,488

30,141

CREDITORS

10,873

Amounts falling due within one year

10,882

34,615

NET CURRENT ASSETS

19,259

43,646

TOTAL ASSETS LESS CURRENT LIABILITIES

27,437

CREDITORS

(1,528

)

Amounts falling due after more than one year

-

(1,806

)

PROVISIONS FOR LIABILITIES

(1,436

)

40,312

NET ASSETS

26,001

CAPITAL AND RESERVES

100

Called up share capital

4

100

40,212

Profit and loss account

25,901

40,312

SHAREHOLDERS' FUNDS

26,001

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 27 October 2015 and were signed by:

M J Coleman - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

22,000

AMORTISATION

At 1 April 2014

and 31 March 2015

22,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

18,112

Additions

1,487

At 31 March 2015

19,599

DEPRECIATION

At 1 April 2014

9,081

Charge for year

2,340

At 31 March 2015

11,421

NET BOOK VALUE

At 31 March 2015

8,178

At 31 March 2014

9,031

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100