David Butler Painting & Decorating Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04511150 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

DAVID BUTLER PAINTING & DECORATING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D R Butler

Mrs A Butler

SECRETARY:

Mrs A Butler

REGISTERED OFFICE:

28 Falcon Close

Cheslyn Hay

Walsall

West Midlands

WS6 7LJ

REGISTERED NUMBER:

04511150 (England and Wales)

ACCOUNTANTS:

Wright & Co Partnership Limited

Chartered Accountants

5 Walsall Street

Wednesbury

West Midlands

WS10 9BZ

FIXED ASSETS

Tangible assets

2

4,557

6,084

CURRENT ASSETS

Debtors

-

1,155

Cash at bank and in hand

8,185

5,558

8,185

6,713

CREDITORS

Amounts falling due within one year

12,723

12,700

NET CURRENT LIABILITIES

(4,538

)

(5,987

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

19

97

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

17

95

SHAREHOLDERS' FUNDS

19

97

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 December 2016 and were signed on its behalf by:

D R Butler - 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, 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 etc

-

33% on reducing balance and 25% on reducing balance

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 November 2015

and 31 October 2016

12,147

DEPRECIATION

At 1 November 2015

6,063

Charge for year

1,527

At 31 October 2016

7,590

NET BOOK VALUE

At 31 October 2016

4,557

At 31 October 2015

6,084

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2