Walls Floors & Ceilings Limited - Period Ending 2015-10-31

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WALLS FLOORS & CEILINGS LIMITED - Company Information

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Registration number: 08271283

Walls Floors & Ceilings Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2015

A Singh Accountancy
Accountant
65 Lodge Road
Walsall
West Midlands
WS5 4SB

Walls Floors & Ceilings Limited
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Walls Floors & Ceilings Limited
for the Year Ended 31 October 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Walls Floors & Ceilings Limited for the year ended 31 October 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a member firm of the CIMA in England and Wales, we are subject to its professional requirements .

This report is made solely to the Board of Directors of Walls Floors & Ceilings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Walls Floors & Ceilings Limited We do not accept or assume responsibility for our work or for this report to anyone other than the board of directors of Walls Floors & Ceilings Limited

It is your duty to ensure that Walls Floors & Ceilings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Walls Floors & Ceilings Limited. You consider that Walls Floors & Ceilings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Walls Floors & Ceilings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

A Singh Accountancy
Accountant
65 Lodge Road
Walsall
West Midlands
WS5 4SB

29 July 2016

Page 1

Walls Floors & Ceilings Limited
(Registration number: 08271283 )
Abbreviated Balance Sheet at 31 October 2015

	Note	2015 £
Current assets
Debtors		8,009
Cash at bank and in hand		100
		8,109
Creditors: Amounts falling due within one year		(7,778)
Net assets		331
Capital and reserves
Called up share capital	2	100
Profit and loss account		231
Shareholders' funds		331

For the year ending 31 October 2015 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 director acknowledges his 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 director on 29 July 2016

.........................................
Mr Alex Darby
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Walls Floors & Ceilings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

Page 3