Abbreviated Company Accounts - PRIME SIGNS LTD.

Abbreviated Company Accounts - PRIME SIGNS LTD.


Registered Number SC266359

PRIME SIGNS LTD.

Abbreviated Accounts

30 April 2014

PRIME SIGNS LTD. Registered Number SC266359

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 14,829 6,620
14,829 6,620
Current assets
Stocks 11,250 10,250
Debtors 30,447 36,674
Cash at bank and in hand 373 465
42,070 47,389
Creditors: amounts falling due within one year (52,133) (51,627)
Net current assets (liabilities) (10,063) (4,238)
Total assets less current liabilities 4,766 2,382
Provisions for liabilities (2,966) (1,324)
Total net assets (liabilities) 1,800 1,058
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,798 1,056
Shareholders' funds 1,800 1,058
  • For the year ending 30 April 2014 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 November 2014

And signed on their behalf by:
MR J FALCONER, Director

PRIME SIGNS LTD. Registered Number SC266359

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting 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.

2Tangible fixed assets
£
Cost
At 1 May 2013 23,456
Additions 12,233
Disposals -
Revaluations -
Transfers -
At 30 April 2014 35,689
Depreciation
At 1 May 2013 16,836
Charge for the year 4,024
On disposals -
At 30 April 2014 20,860
Net book values
At 30 April 2014 14,829
At 30 April 2013 6,620