BT DECORATORS LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04518410 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2014

for

BT DECORATORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B J THATCHER

SECRETARY:

PJR SECRETARIAL SERVICES LTD

REGISTERED OFFICE:

1ST FLOOR OFFICES

16 - 18 WEST STREET

THE SQUARE

ROCHFORD

Essex

SS4 1AJ

REGISTERED NUMBER:

04518410 (England and Wales)

ACCOUNTANTS:

PJR ACCOUNTANCY SERVICES

16-18 WEST STREET

THE SQUARE

ROCHFORD

Essex

SS4 1AJ

FIXED ASSETS

Tangible assets

2

720

699

CURRENT ASSETS

Stocks

2,350

1,250

Debtors

4,851

4,807

Cash at bank

557

3,612

7,758

9,669

CREDITORS

Amounts falling due within one year

12,065

8,385

NET CURRENT (LIABILITIES)/ASSETS

(4,307

)

1,284

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,587

)

1,983

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(3,588

)

1,982

SHAREHOLDERS' FUNDS

(3,587

)

1,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 21 October 2014 and were signed by:

B J THATCHER - 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

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

11,623

Additions

200

At 31 May 2014

11,823

DEPRECIATION

At 1 June 2013

10,924

Charge for year

179

At 31 May 2014

11,103

NET BOOK VALUE

At 31 May 2014

720

At 31 May 2013

699

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1

ORDINARY

£1.00

1

1

4.	GOING CONCERN

At the balance sheet date the company had net current liabilities of £3,588. The director has confirmed that he

will continue to support the company in the foreseeable future and will not withdraw the deficiency until

sufficient profit has been earned. The financial statements have therefore been prepared on the going concern

basis.