Excel Paint Finish Limited - Limited company - abbreviated

REGISTERED NUMBER: 06603652 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Excel Paint Finish Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Penfold

REGISTERED OFFICE:

96A Oxford Road

Lowestoft

Suffolk

NR32 1TP

REGISTERED NUMBER:

06603652 (England and Wales)

ACCOUNTANTS:

CUNNINGHAMS

Number Sixty One

Alexandra Road

Lowestoft

Suffolk

NR32 1PL

FIXED ASSETS

Tangible assets

2

1,611

1,838

CURRENT ASSETS

Debtors

21,121

-

Cash at bank

50,696

31,178

71,817

31,178

CREDITORS

Amounts falling due within one year

56,237

28,861

NET CURRENT ASSETS

15,580

2,317

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,191

4,155

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

17,190

4,154

SHAREHOLDERS' FUNDS

17,191

4,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 18 January 2016 and were signed by:

Mr P Penfold - 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.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

9,900

Additions

1,745

Disposals

(478

)

At 30 June 2015

11,167

DEPRECIATION

At 1 July 2014

8,062

Charge for year

1,972

Eliminated on disposal

(478

)

At 30 June 2015

9,556

NET BOOK VALUE

At 30 June 2015

1,611

At 30 June 2014

1,838

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

1

Ordinary

£1

1

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Penfold.

Excel Paint Finish Limited - Limited company - abbreviated - 11.9

Excel Paint Finish Limited - Limited company - abbreviated - 11.9