Abbreviated Company Accounts - PAUL MORRISON STUDIO LIMITED

PAUL MORRISON STUDIO LIMITED - Company Information

09403673 PAUL MORRISON STUDIO LIMITED 2016-01-31 false 2015-01-23 2016-01-31 true 09403673 2015-01-23 2016-01-31 09403673 2016-01-31 09403673 uk-gaap-cd-bus:Director1 2015-01-23 2016-01-31 09403673 uk-gaap-cd-bus:Director2 2015-01-23 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-23 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 iso4217:GBP shares

Registered Number 09403673

PAUL MORRISON STUDIO LIMITED

Abbreviated Accounts

31 January 2016

PAUL MORRISON STUDIO LIMITED Registered Number 09403673

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	719
		719
Current assets
Debtors		875
Cash at bank and in hand		10,642
		11,517
Creditors: amounts falling due within one year		(10,829)
Net current assets (liabilities)		688
Total assets less current liabilities		1,407
Total net assets (liabilities)		1,407
Capital and reserves
Called up share capital	3	1
Profit and loss account		1,406
Shareholders' funds		1,407

For the year ending 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 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 8 August 2016

And signed on their behalf by:
P J MORRISON, Director

PAUL MORRISON STUDIO LIMITED Registered Number 09403673

Notes to the Abbreviated Accounts for the period ended 31 January 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line

2Tangible fixed assets

	£
Cost
Additions	899
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	899
Depreciation
Charge for the year	180
On disposals	-
At 31 January 2016	180
Net book values
At 31 January 2016	719

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

	2016 £
1 Ordinary shares of £1 each	1