Abbreviated Company Accounts - PAINE BROTHERS LIMITED

Abbreviated Company Accounts - PAINE BROTHERS LIMITED

PAINE BROTHERS LIMITED - Company Information

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Registered Number 08019331

PAINE BROTHERS LIMITED

Abbreviated Accounts

30 April 2015

PAINE BROTHERS LIMITED Registered Number 08019331

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 14,000 16,000
Tangible assets 3 2,689 5,221
16,689 21,221
Current assets
Debtors 8,009 22,543
Cash at bank and in hand 65,306 53,650
73,315 76,193
Creditors: amounts falling due within one year (88,249) (90,333)
Net current assets (liabilities) (14,934) (14,140)
Total assets less current liabilities 1,755 7,081
Total net assets (liabilities) 1,755 7,081
Capital and reserves
Called up share capital 4 4
Profit and loss account 1,751 7,077
Shareholders' funds 1,755 7,081
  • For the year ending 30 April 2015 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 20 November 2015

And signed on their behalf by:
M Paine, Director

PAINE BROTHERS LIMITED Registered Number 08019331

Notes to the Abbreviated Accounts for the period ended 30 April 2015

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

2Intangible fixed assets
£
Cost
At 1 May 2014 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 20,000
Amortisation
At 1 May 2014 4,000
Charge for the year 2,000
On disposals -
At 30 April 2015 6,000
Net book values
At 30 April 2015 14,000
At 30 April 2014 16,000
3Tangible fixed assets
£
Cost
At 1 May 2014 10,128
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 10,128
Depreciation
At 1 May 2014 4,907
Charge for the year 2,532
On disposals -
At 30 April 2015 7,439
Net book values
At 30 April 2015 2,689
At 30 April 2014 5,221