Abbreviated Company Accounts - PHOENIX FLOORING SPECIALISTS LIMITED

PHOENIX FLOORING SPECIALISTS LIMITED - Company Information

08969468 PHOENIX FLOORING SPECIALISTS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 08969468 2015-05-01 2016-04-30 08969468 2016-04-30 08969468 2015-04-30 08969468 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08969468 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08969468

PHOENIX FLOORING SPECIALISTS LIMITED

Abbreviated Accounts

30 April 2016

PHOENIX FLOORING SPECIALISTS LIMITED Registered Number 08969468

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,655	9,299
		6,655	9,299
Current assets
Stocks		7,126	25,366
Debtors		27,925	23,462
Cash at bank and in hand		9,567	3,232
		44,618	52,060
Creditors: amounts falling due within one year		(50,838)	(60,924)
Net current assets (liabilities)		(6,220)	(8,864)
Total assets less current liabilities		435	435
Total net assets (liabilities)		435	435
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		433	433
Shareholders' funds		435	435

For the year ending 30 April 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 22 January 2017

And signed on their behalf by:
Aiden Savan, Director

PHOENIX FLOORING SPECIALISTS LIMITED Registered Number 08969468

Notes to the Abbreviated Accounts for the period ended 30 April 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 April 2008.

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 rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 May 2015	11,943
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	11,943
Depreciation
At 1 May 2015	2,644
Charge for the year	2,644
On disposals	-
At 30 April 2016	5,288
Net book values
At 30 April 2016	6,655
At 30 April 2015	9,299

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2