Company Registration No. 06891240 (England and Wales)
FINE COATINGS LIMITED
Unaudited accounts
for the year ended 30 April 2017
FINE COATINGS LIMITED
Unaudited accounts
Contents
FINE COATINGS LIMITED
Company Information
for the year ended 30 April 2017
Company Number
06891240 (England and Wales)
Registered Office
20 HUBERD HOUSE
MANCIPLE STREET
LONDON
SE1 4DN
Accountants
Zahra Accountants Limited
72 Bawdsey Avenue
Ilford
Essex
IG2 7TJ
FINE COATINGS LIMITED
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
2,319
4,077
Creditors: amounts falling due within one year
(2,294)
(2,243)
Net current assets
25
1,834
Total assets less current liabilities
25
1,834
Creditors: amounts falling due after more than one year
(16)
(4,133)
Net assets/(liabilities)
9
(2,299)
Called up share capital
4
4
Profit and loss account
5
(2,303)
Shareholders' funds
9
(2,299)
For the year ending 30 April 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 January 2018.
Arsham Manouk
Director
Company Registration No. 06891240
FINE COATINGS LIMITED
Notes to the Accounts
for the year ended 30 April 2017
FINE COATINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06891240. The registered office is 20 HUBERD HOUSE, MANCIPLE STREET, LONDON, SE1 4DN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
1,344
925
5
Creditors: amounts falling due after more than one year
2017
2016
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
FINE COATINGS LIMITED
Notes to the Accounts
for the year ended 30 April 2017
7
Average number of employees
During the year the average number of employees was 1 (2016: 1).
