Abbreviated Company Accounts - PING PLASTERING LIMITED

PING PLASTERING LIMITED - Company Information

07983738 PING PLASTERING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07983738 2015-04-01 2016-03-31 07983738 2016-03-31 07983738 2015-03-31 07983738 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07983738 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07983738

PING PLASTERING LIMITED

Abbreviated Accounts

31 March 2016

PING PLASTERING LIMITED Registered Number 07983738

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,629	2,171
		1,629	2,171
Current assets
Debtors		1,269	1,842
Cash at bank and in hand		51,522	67,599
		52,791	69,441
Creditors: amounts falling due within one year		(12,304)	(34,102)
Net current assets (liabilities)		40,487	35,339
Total assets less current liabilities		42,116	37,510
Total net assets (liabilities)		42,116	37,510
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		42,115	37,509
Shareholders' funds		42,116	37,510

For the year ending 31 March 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 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 19 May 2016

And signed on their behalf by:
S Bird, Director

PING PLASTERING LIMITED Registered Number 07983738

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

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

Plant and machinery -25% on reducing balance
Equipment -25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,146
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	5,146
Depreciation
At 1 April 2015	2,975
Charge for the year	542
On disposals	-
At 31 March 2016	3,517
Net book values
At 31 March 2016	1,629
At 31 March 2015	2,171

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1