Company Registration No. 5890220 (England and Wales)
The Invisible Painter Limited
Abbreviated unaudited accounts
for the year ended 31 July 2016
The Invisible Painter Limited
Abbreviated Balance Sheet
as at 31 July 2016
Tangible assets
208,116
193,909
Cash at bank and in hand
221,078
175,532
Creditors: amounts falling due within one year
(148,187)
(296,355)
Net current assets
182,592
83,093
Total assets less current liabilities
390,708
277,002
Creditors: amounts falling due after more than one year
(127,072)
-
Net assets
263,636
277,002
Called up share capital
4
4
Profit and loss account
263,632
276,998
Total shareholders' funds
263,636
277,002
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 5 January 2017
Andrew Bassett
Director
Company Registration No. 5890220
The Invisible Painter Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% S/Line
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4