The Perth Paint Company Ltd - Abbreviated accounts 16.3
The Perth Paint Company Ltd - Abbreviated accounts 16.3
DRAFT |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 March 2016 |
for |
The Perth Paint Company Ltd |
The Perth Paint Company Ltd (Registered number: SC261183) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2016 |
DRAFT |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
The Perth Paint Company Ltd |
Company Information |
for the Year Ended 31 March 2016 |
DRAFT |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Perth Paint Company Ltd (Registered number: SC261183) |
Abbreviated Balance Sheet |
31 March 2016 |
2016 | 2015 |
Notes | £ | £ |
DRAFT |
CURRENT ASSETS |
Debtors |
Cash in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 2 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the Board of Directors on on its behalf by: |
The Perth Paint Company Ltd (Registered number: SC261183) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2016 |
DRAFT |
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). |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Share of partnership profits |
The company's business is that of painters and decorators through participation in the partnership of |
Bannerman Decorators. Income comprises the interest received on the company's capital account in |
the partnership for the period. The book value of its interest in the partnership comprises the balance |
standing to its debit/credit in the current account in the accounts of that business. |
2. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |
3. | CONTROLLING PARTY |