Abbreviated Company Accounts - R J MCKELVEY LIMITED

MCKELVEY CONSTRUCTION LIMITED - Company Information

NI041815 R J MCKELVEY LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true NI041815 2013-08-01 2014-07-31 NI041815 2014-07-31 NI041815 2013-07-31 NI041815 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 NI041815 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number NI041815

R J MCKELVEY LIMITED

Abbreviated Accounts

31 July 2014

R J MCKELVEY LIMITED Registered Number NI041815

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	334,922	362,592
Investments		-	-
		334,922	362,592
Current assets
Stocks		130,000	139,140
Debtors		1,314,937	1,244,563
Investments		-	-
Cash at bank and in hand		162,433	213,320
		1,607,370	1,597,023
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(564,623)	(621,481)
Net current assets (liabilities)		1,042,747	975,542
Total assets less current liabilities		1,377,669	1,338,134
Creditors: amounts falling due after more than one year		0	(1,717)
Provisions for liabilities		(37,438)	(47,610)
Accruals and deferred income		0	0
Total net assets (liabilities)		1,340,231	1,288,807
Capital and reserves
Called up share capital	3	2	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		1,340,229	1,288,805
Shareholders' funds		1,340,231	1,288,807

For the year ending 31 July 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 27 February 2015

And signed on their behalf by:
Robert McKelvey, Director

R J MCKELVEY LIMITED Registered Number NI041815

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
The turnover shown in the profit and loss account represents amounts received or receivable for goods and services provided in the normal course of business, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Land and buildings - Straight line over 25 years
Plant and machinery - 20% reducing balance
Motor vehicles - 20% reducing balance

Other accounting policies
Stock
Stock and work in progress are valued at the lower of cost and net realisable value. Net realisable value is the price at which the stock can be realised in the normal course of business. Provision is made where necessary for obsolete, slow moving and defective stock.

2Tangible fixed assets

	£
Cost
At 1 August 2013	1,167,669
Additions	79,610
Disposals	(209,002)
Revaluations	0
Transfers	0
At 31 July 2014	1,038,277
Depreciation
At 1 August 2013	805,077
Charge for the year	72,545
On disposals	(174,267)
At 31 July 2014	703,355
Net book values
At 31 July 2014	334,922
At 31 July 2013	362,592

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2