David Butler Painting & Decorating Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04511150 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

DAVID BUTLER PAINTING & DECORATING LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Butler

Mrs A Butler

SECRETARY:

Mrs A Butler

REGISTERED OFFICE:

28 Falcon Close

Cheslyn Hay

Walsall

West Midlands

WS6 7LJ

REGISTERED NUMBER:

04511150 (England and Wales)

ACCOUNTANTS:

Wright & Co Partnership Limited

Chartered Accountants

5 Walsall Street

Wednesbury

West Midlands

WS10 9BZ

FIXED ASSETS

Tangible assets

4

2,748

3,699

CURRENT ASSETS

Cash at bank and in hand

7,462

7,738

CREDITORS

Amounts falling due within one year

10,207

10,725

NET CURRENT LIABILITIES

(2,745

)

(2,987

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3

712

CAPITAL AND RESERVES

Called up share capital

5

2

2

Retained earnings

6

1

710

SHAREHOLDERS' FUNDS

3

712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 January 2019 and were signed on its behalf by:

D R Butler - Director

1.	STATUTORY INFORMATION

David Butler Painting & Decorating Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2017

and 31 October 2018

12,597

DEPRECIATION

At 1 November 2017

8,898

Charge for year

951

At 31 October 2018

9,849

NET BOOK VALUE

At 31 October 2018

2,748

At 31 October 2017

3,699

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2

6.

RESERVES

Retained

earnings

£

At 1 November 2017

710

Profit for the year

20,491

Dividends

(21,200

)

At 31 October 2018

1