Traditional Plastering Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07521448 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Traditional Plastering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M J Huntley

Mrs K J Huntley

REGISTERED OFFICE:

The Old Dryer

Hinton Business Park

Tarrant Hinton

Blandford

Dorset

DT11 8JF

REGISTERED NUMBER:

07521448 (England and Wales)

ACCOUNTANTS:

KingsBere Accountants

The Old Dryer

Hinton Business Park

Tarrant Hinton

Blandford Forum

Dorset

DT11 8JF

FIXED ASSETS

Intangible assets

2

25,500

27,000

Tangible assets

3

928

1,453

26,428

28,453

CURRENT ASSETS

Debtors

270

3,392

CREDITORS

Amounts falling due within one year

11,621

21,402

NET CURRENT LIABILITIES

(11,351

)

(18,010

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,077

10,443

CREDITORS

Amounts falling due after more than one year

7,301

2,148

NET ASSETS

7,776

8,295

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

7,676

8,195

SHAREHOLDERS' FUNDS

7,776

8,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 12 November 2014 and were signed on its behalf by:

M J Huntley - Director

Mrs K J Huntley - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

30,000

AMORTISATION

At 1 April 2013

3,000

Amortisation for year

1,500

At 31 March 2014

4,500

NET BOOK VALUE

At 31 March 2014

25,500

At 31 March 2013

27,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,850

DEPRECIATION

At 1 April 2013

1,397

Charge for year

525

At 31 March 2014

1,922

NET BOOK VALUE

At 31 March 2014

928

At 31 March 2013

1,453

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

1.000

00

100

100