The Perth Paint Company Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC261183 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

The Perth Paint Company Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E W Bannerman

B H Bannerman

SECRETARY:

B H Bannerman

REGISTERED OFFICE:

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

REGISTERED NUMBER:

SC261183 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

CURRENT ASSETS

Debtors

1,263,893

1,067,952

Cash in hand

2

2

1,263,895

1,067,954

CREDITORS

Amounts falling due within one year

46,403

28,566

NET CURRENT ASSETS

1,217,492

1,039,388

TOTAL ASSETS LESS CURRENT LIABILITIES

1,217,492

1,039,388

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

1,217,490

1,039,386

SHAREHOLDERS' FUNDS

1,217,492

1,039,388

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 23 December 2014 and were signed on its behalf by:

E W Bannerman - 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).

Share of partnership profits

The company's business is that of painters and decorators through participation in the partnership of

Bannerman Decorators. Income comprises the company's share in the partnership profit or loss for

each period. The book value of its interest in the partnership comprises the balance standing to its

debit/credit in the current account in the accounts of that business.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2

3.	CONTROLLING PARTY