MORRIS_BROTHERS_CONTRACTO - Accounts

MORRIS BROTHERS CONTRACTORS LIMITED - Company Information

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Company Registration No. 08844675 (England and Wales)

MORRIS BROTHERS CONTRACTORS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

MORRIS BROTHERS CONTRACTORS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

MORRIS BROTHERS CONTRACTORS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 1 -

2014

Notes

Fixed assets

Tangible assets

123,292

Current assets

Debtors

39,981

Cash at bank and in hand

21,185

61,166

Creditors: amounts falling due within one year

(73,538)

Net current liabilities

(12,372)

Total assets less current liabilities

110,920

Provisions for liabilities

(8,490)

102,430

Capital and reserves

Called up share capital

Profit and loss account

102,426

Shareholders' funds

102,430

For the financial period ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 June 2015

Mr J R Morris Snr

Mr S E Morris

Director

Company Registration No. 08844675

MORRIS BROTHERS CONTRACTORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

Plant and machinery

Fixed assets

Tangible assets

Cost

At 14 January 2014

Additions

149,050

Disposals

(4,000)

At 30 September 2014

145,050

Depreciation

At 14 January 2014

Charge for the period

21,758

At 30 September 2014

21,758

Net book value

At 30 September 2014

123,292

MORRIS BROTHERS CONTRACTORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

- 3 -

Share capital

2014

Allotted, called up and fully paid

4 Ordinary shares of £1 each

During the year 4 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.