Micro-entity Accounts - STOTT DECORATING CONTRACTORS LIMITED

STOTT DECORATING CONTRACTORS LIMITED - Company Information

08909593 STOTT DECORATING CONTRACTORS LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 08909593 2016-04-01 2017-03-31 08909593 2017-03-31 08909593 2016-03-31 08909593 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 08909593 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 08909593 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 08909593

STOTT DECORATING CONTRACTORS LIMITED

Micro-entity Accounts

31 March 2017

STOTT DECORATING CONTRACTORS LIMITED Registered Number 08909593

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	36,201	7,956
		36,201	7,956
Current assets
Debtors		14,513	33,669
		14,513	33,669
Creditors: amounts falling due within one year		(34,814)	(43,847)
Net current assets (liabilities)		(20,301)	(10,178)
Total assets less current liabilities		15,900	(2,222)
Creditors: amounts falling due after more than one year		(26,826)	(5,028)
Total net assets (liabilities)		(10,926)	(7,250)
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		(10,927)	(7,251)
Shareholders' funds		(10,926)	(7,250)

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 December 2017

And signed on their behalf by:
Frank Stott, Director

STOTT DECORATING CONTRACTORS LIMITED Registered Number 08909593

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Tangible fixed assets

	£
Cost
At 1 April 2016	9,945
Additions	30,234
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	40,179
Depreciation
At 1 April 2016	1,989
Charge for the year	1,989
On disposals	-
At 31 March 2017	3,978
Net book values
At 31 March 2017	36,201
At 31 March 2016	7,956

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
1 Ordinary shares of £1 each	1	1

3Accounting 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.