P Lyman Construction Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07287546 (England and Wales)

P LYMAN CONSTRUCTION LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

P J Lyman

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

07287546 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

2

2,014

2,685

CURRENT ASSETS

Debtors

3,462

2,450

Cash at bank

2,249

7,442

5,711

9,892

CREDITORS

Amounts falling due within one year

6,986

9,756

NET CURRENT (LIABILITIES)/ASSETS

(1,275

)

136

TOTAL ASSETS LESS CURRENT LIABILITIES

739

2,821

PROVISIONS FOR LIABILITIES

375

503

NET ASSETS

364

2,318

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

264

2,218

SHAREHOLDERS' FUNDS

364

2,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 June 2015 and were signed by:

P J Lyman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

7,829

DEPRECIATION

At 1 April 2014

5,144

Charge for year

671

At 31 March 2015

5,815

NET BOOK VALUE

At 31 March 2015

2,014

At 31 March 2014

2,685

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100