Abbreviated Company Accounts - P A UNDERWOOD FLOORING LIMITED

P A UNDERWOOD FLOORING LIMITED - Company Information

08292563 P A UNDERWOOD FLOORING LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08292563 2014-04-01 2015-03-31 08292563 2015-03-31 08292563 2014-03-31 08292563 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08292563 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08292563

P A UNDERWOOD FLOORING LIMITED

Abbreviated Accounts

31 March 2015

P A UNDERWOOD FLOORING LIMITED Registered Number 08292563

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	33,466	45,986
Tangible assets	3	1,575	1,412
		35,041	47,398
Current assets
Debtors		15,754	23,488
Cash at bank and in hand		3,861	3,222
		19,615	26,710
Creditors: amounts falling due within one year		(54,534)	(57,856)
Net current assets (liabilities)		(34,919)	(31,146)
Total assets less current liabilities		122	16,252
Total net assets (liabilities)		122	16,252
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		121	16,251
Shareholders' funds		122	16,252

For the year ending 31 March 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 26 November 2015

And signed on their behalf by:
P Underwood, Director

P A UNDERWOOD FLOORING LIMITED Registered Number 08292563

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life.

Plant and machinery etc. - 25% on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

2Intangible fixed assets

	£
Cost
At 1 April 2014	62,598
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	62,598
Amortisation
At 1 April 2014	16,612
Charge for the year	12,520
On disposals	-
At 31 March 2015	29,132
Net book values
At 31 March 2015	33,466
At 31 March 2014	45,986

3Tangible fixed assets

	£
Cost
At 1 April 2014	2,113
Additions	922
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	3,035
Depreciation
At 1 April 2014	701
Charge for the year	759
On disposals	-
At 31 March 2015	1,460
Net book values
At 31 March 2015	1,575
At 31 March 2014	1,412

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1