Paint The Town Leisure Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08391988 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 7th February 2013 to 28th February 2014

for

Paint The Town Leisure Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C J Colcomb

REGISTERED OFFICE:

2 Norfolk Street

Hull

East Yorkshire

HU2 9AA

REGISTERED NUMBER:

08391988 (England and Wales)

ACCOUNTANTS:

Sadofskys Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

National Westminster Bank

PO Box 955

19 Silver Street

Hull

HU1 1WB

FIXED ASSETS

Tangible assets

2

5,918

CURRENT ASSETS

Debtors

81,804

Cash at bank

42

81,846

CREDITORS

Amounts falling due within one year

85,884

NET CURRENT LIABILITIES

(4,038

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,880

PROVISIONS FOR LIABILITIES

1,184

NET ASSETS

696

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

596

SHAREHOLDERS' FUNDS

696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 6th November 2014 and were signed by:

C J Colcomb - 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 April 2008).

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, 25% on reducing balance and 10% 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

Additions

7,210

At 28th February 2014

7,210

DEPRECIATION

Charge for period

1,292

At 28th February 2014

1,292

NET BOOK VALUE

At 28th February 2014

5,918

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100