A. S. Painters Limited


Director	Armand Sina


Registered Address	27 Bank Road
	Bredbury
	SK6 1DX


Registered Number	10785867 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		10,645		14,194
			10,645		14,194
Current assets
Stocks	4	5,295		32,131
Debtors	5	58,741		36,000
Cash at bank and on hand		4,432		6,144
		68,468		74,275
Creditors amounts falling due within one year	6	(34,640)		(40,722)
Net current assets (liabilities)			33,828		33,553
Total assets less current liabilities			44,473		47,747
Creditors amounts falling due after one year	7		(3,719)		(17,385)
Provisions for liabilities	9		(2,023)		(2,697)
Net assets			38,731		27,665
Capital and reserves
Called up share capital			100		100
Profit and loss account			38,631		27,565
Shareholders' funds			38,731		27,665

The company was entitled to exemption from audit for this reporting period 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 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.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 13 October 2026, and are signed on its behalf by:

Armand Sina
Director
Registered Company No. 10785867

A. S. Painters Limited

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	1,810	43,858	160	1,007	46,835
At 31 March 26	1,810	43,858	160	1,007	46,835
Depreciation and impairment
At 01 April 25	1,164	30,550	126	801	32,641
Charge for year	162	3,327	9	51	3,549
At 31 March 26	1,326	33,877	135	852	36,190
Net book value
At 31 March 26	484	9,981	25	155	10,645
At 31 March 25	646	13,308	34	206	14,194

4.	Stocks

	2026	2025
	£	£
Work in progress	5,295	32,131
Total	5,295	32,131

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	13,313	-
Other debtors	45,296	36,000
Prepayments and accrued income	132	-
Total	58,741	36,000


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	291	859
Bank borrowings and overdrafts	9,639	9,277
Taxation and social security	18,870	17,475
Finance lease and HP contracts	4,027	3,599
Other creditors	273	8,013
Accrued liabilities and deferred income	1,540	1,499
Total	34,640	40,722


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	9,639
Other creditors	3,719	7,746
Total	3,719	17,385

8.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	7,746		11,345

9.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	2,023	2,697
Total	2,023	2,697

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Armand Sina	(7,962)	30,849	13,591	9,296
The loan is interest free and fully repayable with no specified payment terms.
	(7,962)	30,849	13,591	9,296