Abbreviated Company Accounts - ALTOFT PLASTERING LTD

Abbreviated Company Accounts - ALTOFT PLASTERING LTD

ALTOFT PLASTERING LTD - Company Information

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Registered Number 06225711

ALTOFT PLASTERING LTD

Abbreviated Accounts

31 May 2016

ALTOFT PLASTERING LTD Registered Number 06225711

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 590 655
590 655
Current assets
Debtors 6,432 2,832
Cash at bank and in hand - 9,311
6,432 12,143
Creditors: amounts falling due within one year (6,384) (7,733)
Net current assets (liabilities) 48 4,410
Total assets less current liabilities 638 5,065
Total net assets (liabilities) 638 5,065
Capital and reserves
Called up share capital 100 100
Profit and loss account 538 4,965
Shareholders' funds 638 5,065
  • For the year ending 31 May 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 11 November 2016

And signed on their behalf by:
L W Altoft, Director

ALTOFT PLASTERING LTD Registered Number 06225711

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention.

Turnover policy
Turnover represents the net amounts, exclusive of value added tax, invoiced during the year, but the company to customers within the United Kingdom.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life as follows:
Equipment 10% of written down value

2Tangible fixed assets
£
Cost
At 1 June 2015 1,221
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 1,221
Depreciation
At 1 June 2015 566
Charge for the year 65
On disposals -
At 31 May 2016 631
Net book values
At 31 May 2016 590
At 31 May 2015 655