Abbreviated Company Accounts - POTTS BUILDING AND SHOPFITTING LIMITED

POTTS BUILDING AND SHOPFITTING LIMITED - Company Information

09070988 POTTS BUILDING AND SHOPFITTING LIMITED 2015-06-30 false 2014-06-04 2015-06-30 true 09070988 2014-06-04 2015-06-30 09070988 2015-06-30 09070988 uk-gaap-cd-bus:Director1 2014-06-04 2015-06-30 09070988 uk-gaap-cd-bus:Director2 2014-06-04 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-04 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 09070988

POTTS BUILDING AND SHOPFITTING LIMITED

Abbreviated Accounts

30 June 2015

POTTS BUILDING AND SHOPFITTING LIMITED Registered Number 09070988

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015
		£
Fixed assets
Intangible assets	2	38,000
Tangible assets	3	30,892
		68,892
Current assets
Stocks		12,700
Debtors		67,004
Cash at bank and in hand		126,291
		205,995
Creditors: amounts falling due within one year		(120,704)
Net current assets (liabilities)		85,291
Total assets less current liabilities		154,183
Provisions for liabilities		(5,604)
Total net assets (liabilities)		148,579
Capital and reserves
Called up share capital	4	2
Profit and loss account		148,577
Shareholders' funds		148,579

For the year ending 30 June 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 4 December 2015

And signed on their behalf by:
Roger Potts, Director

POTTS BUILDING AND SHOPFITTING LIMITED Registered Number 09070988

Notes to the Abbreviated Accounts for the period ended 30 June 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 the invoiced amount of goods sold and services provided and is stated net of Value Added Tax

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the costs less estimated residual value of each asset in annual instalments over its expected useful life, as follows

Tools and Equipment 20% on reducing balance
Motor Vehicles 20% on reducing balance

Intangible assets amortisation policy
Intangible Assets are amortised at the rate of 5% straight line.

2Intangible fixed assets

	£
Cost
Additions	40,000
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	40,000
Amortisation
Charge for the year	2,000
On disposals	-
At 30 June 2015	2,000
Net book values
At 30 June 2015	38,000

3Tangible fixed assets

	£
Cost
Additions	40,616
Disposals	(2,000)
Revaluations	-
Transfers	-
At 30 June 2015	38,616
Depreciation
Charge for the year	7,724
On disposals	-
At 30 June 2015	7,724
Net book values
At 30 June 2015	30,892

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

	2015 £
2 Ordinary shares of £1 each	2