CARTSIDE DECORATORS LIMITED - Limited company - abbreviated

REGISTERED NUMBER: SC194365 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

CARTSIDE DECORATORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

F McAleney

SECRETARY:

Miss A Mc Gregor

REGISTERED OFFICE:

9 Bressay

East Kilbride

Glasgow

G74 4RZ

REGISTERED NUMBER:

SC194365 (Scotland)

ACCOUNTANT:

Brian Roney Accounts

138 Fernhill Road

Rutherglen

Glasgow

G73 4BS

FIXED ASSETS

Intangible assets

2

2,800

3,500

Tangible assets

3

190

254

2,990

3,754

CURRENT ASSETS

Debtors

2,837

-

Cash at bank

6,274

6,266

9,111

6,266

CREDITORS

Amounts falling due within one year

(11,551

)

(9,605

)

NET CURRENT LIABILITIES

(2,440

)

(3,339

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

550

415

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

450

315

SHAREHOLDERS' FUNDS

550

415

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 17 December 2015 and were signed by:

F McAleney - 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 is the difference between the amount paid on on the acquisition of the business and the aggregate fair

value of the separable net assets. It is being amortised through the profit and loss account in equal instalments

over its estimated economical life of 20 years in line with FRS 10.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

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

14,000

AMORTISATION

At 1 April 2014

10,500

Amortisation for year

700

At 31 March 2015

11,200

NET BOOK VALUE

At 31 March 2015

2,800

At 31 March 2014

3,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

8,374

DEPRECIATION

At 1 April 2014

8,120

Charge for year

64

At 31 March 2015

8,184

NET BOOK VALUE

At 31 March 2015

190

At 31 March 2014

254

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

100

Ordinary

£1

100

CARTSIDE DECORATORS LIMITED - Limited company - abbreviated - 11.9

CARTSIDE DECORATORS LIMITED - Limited company - abbreviated - 11.9