Rainbow Coatings Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06776414 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Rainbow Coatings Limited

Page

Balance Sheet

1

FIXED ASSETS

8,823

12,393

CURRENT ASSETS

152,712

143,668

CREDITORS

Amounts falling due within one year

(111,697

)

(100,543

)

NET CURRENT ASSETS

41,015

43,125

TOTAL ASSETS LESS CURRENT LIABILITIES

49,838

55,518

CREDITORS

Amounts falling due after more than one year

289

3,758

NET ASSETS

49,549

51,760

CAPITAL AND RESERVES

49,549

51,760

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Rainbow Coatings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number

and registered office address are as below:

Registered number:

06776414

Registered office:

2a Swordfish Business Park

Swordfish Close

Higgins Lane

Burscough

Lancashire

L40 8JW

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2016 - 2 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2017 and 31 December 2016:

31.12.17

31.12.16

£

£

P D Long and J Long

Balance outstanding at start of year

40,719

(24,264

)

Amounts advanced

190,131

283,415

Amounts repaid

(209,067

)

(218,432

)

Balance outstanding at end of year

21,783

40,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 May 2018 and were signed on its behalf by:

J Long - Director