Premier Q Coatings Limited - Period Ending 2014-03-31
Premier Q Coatings Limited - Period Ending 2014-03-31
Registration number:
for the
Year Ended
Premier Q Coatings Limited
Contents
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Premier Q Coatings Limited
balance sheet as at 31 March 2014
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2014
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2013
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Total net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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1
Premier Q Coatings Limited
balance sheet as at 31 March 2014
......... continued
Approved by the Board on
.........................................
P D Thomas
Director
2
Premier Q Coatings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Goodwill is being written off evenly over its estimated useful life of twenty years.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows
Asset class |
Depreciation method and rate |
Office Equipment |
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Motor Vehicles |
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Stock
Deferred tax
Premier Q Coatings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2013 |
70,000 |
51,774 |
121,774 |
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Additions |
- |
9,944 |
9,944 |
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At 31 March 2014 |
70,000 |
61,718 |
131,718 |
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Depreciation |
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At 1 April 2013 |
7,000 |
28,794 |
35,794 |
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Charge for the year |
3,500 |
6,585 |
10,085 |
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At 31 March 2014 |
10,500 |
35,379 |
45,879 |
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Net book value |
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At 31 March 2014 |
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At 31 March 2013 |
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Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
£ |
No. |
£ |
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