Abbreviated Company Accounts - PLASTER COVING LIMITED

PLASTER COVING LIMITED - Company Information

08162266 PLASTER COVING LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 08162266 2015-08-01 2016-07-31 08162266 2016-07-31 08162266 2015-07-31 08162266 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08162266 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 08162266

PLASTER COVING LIMITED

Abbreviated Accounts

31 July 2016

PLASTER COVING LIMITED Registered Number 08162266

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12,573	9,674
		12,573	9,674
Current assets
Stocks		149,336	115,904
Debtors		-	47
Cash at bank and in hand		-	4,585
		149,336	120,536
Prepayments and accrued income		4,598	-
Creditors: amounts falling due within one year		(56,622)	(30,892)
Net current assets (liabilities)		97,312	89,644
Total assets less current liabilities		109,885	99,318
Creditors: amounts falling due after more than one year		(44,694)	(53,239)
Total net assets (liabilities)		65,191	46,079
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		65,189	46,077
Shareholders' funds		65,191	46,079

For the year ending 31 July 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 2 March 2017

And signed on their behalf by:
David Messenger, Director

PLASTER COVING LIMITED Registered Number 08162266

Notes to the Abbreviated Accounts for the period ended 31 July 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 total invoice value of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less the residual value of each asset over it's expected life, as follows:
Fixtures and Fittings - 20% Straight line
Motor Vehicles - 33% Straight line

2Tangible fixed assets

	£
Cost
At 1 August 2015	14,817
Additions	10,469
Disposals	(3,458)
Revaluations	-
Transfers	-
At 31 July 2016	21,828
Depreciation
At 1 August 2015	5,143
Charge for the year	6,418
On disposals	(2,306)
At 31 July 2016	9,255
Net book values
At 31 July 2016	12,573
At 31 July 2015	9,674

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

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