Paul Bainbridge Design Ltd. Accounts

PAUL BAINBRIDGE DESIGN LIMITED - Company Information






Paul Bainbridge Design Ltd.
	Company No. 08843280
		Abbreviated Accounts
		31 January 2016

at	31 January 2016

Company No.		08843280	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	1,738	2,056

				1,738	2,056
Current assets

	Debtors			8,520	2,667

	Cash at bank and in hand			(457)	2,427
				8,063	5,094
Creditors: Amounts falling due within one year				(9,680)	(6,939)
Net current liabilities				(1,617)	(1,845)
Total assets less current liabilities				121	211




Net assets				121	211

Capital and reserves
	Called up share capital		3	1	1



	Profit and loss account			120	210

Shareholder's funds				121	211

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 January 2016 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 06 May 2016

And signed on its behalf by:

P. Bainbridge
Director
06 May 2016

for the year ended 31 January 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Furniture, fittings and equipment

33.3% Straight Line

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 February 2015	3,084	3,084
	Additions	1,059	1,059



	At 31 January 2016	4,143	4,143
	Amortisation
	At 1 February 2015	1,028	1,028
	Charge for the year	1,377	1,377



	At 31 January 2016	2,405	2,405
	Net book values
	At 31 January 2016	1,738	1,738
	At 31 January 2015	2,056	2,056

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1	1	1




				1	1

4	Advances and credits to directors
	Included within Other debtors are the following loans to directors:

	Director	Description	At 1 February 2015	Advanced	Repaid	At 31 January 2016
			£	£	£	£
	P. Bainbridge	Director Loan	2,667	10,936	(2,667)	10,936







































			2,667	10,936	(2,667)	10,936