Paramount Interiors ( South East) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08389334 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 March 2015 to 31 August 2016

for

Paramount Interiors ( South East) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J Layzell

Miss B M Norman

REGISTERED OFFICE:

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

REGISTERED NUMBER:

08389334 (England and Wales)

ACCOUNTANTS:

PBA Group (South East) Limited

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

FIXED ASSETS

Tangible assets

2

7,554

15,113

CURRENT ASSETS

Debtors

3,412

62,047

Cash at bank and in hand

63,886

107,541

67,298

169,588

CREDITORS

Amounts falling due within one year

70,991

167,651

NET CURRENT (LIABILITIES)/ASSETS

(3,693

)

1,937

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,861

17,050

CAPITAL AND RESERVES

Called up share capital

3

2

1

Profit and loss account

3,859

17,049

SHAREHOLDERS' FUNDS

3,861

17,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 December 2016 and were signed on
its behalf by:

Mr J Layzell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

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

Tangible fixed assets

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 cost

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

and 31 August 2016

30,232

DEPRECIATION

At 1 March 2015

15,119

Charge for period

7,559

At 31 August 2016

22,678

NET BOOK VALUE

At 31 August 2016

7,554

At 28 February 2015

15,113

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

ordinary

£1.00

1

'A' Share

£1

1

-

2

1