Accounts filed on 30-11-2014

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			Company registration number:02862767
			DELMONTE BUILDERS LTD
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 30 November 2014

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DELMONTE BUILDERS LTD
BALANCE SHEET
AS AT 30 November 2014
			2014				2013
		Notes	£		£		£		£
FIXED ASSETS
Tangible assets		2			14,393				18,590
					14,393				18,590
CURRENT ASSETS
Stocks			175,250				170,639
Debtors			44,190				26,162
Cash at bank and in hand			6,451				1,925
			225,891				198,726
CREDITORS
Amounts falling due within one year			(65,337)				(53,287)
NET CURRENT ASSETS					160,554				145,439
TOTAL ASSETS LESS
CURRENT LIABILITIES					174,947				164,029
NET ASSETS					174,947				164,029
CAPITAL AND RESERVES
Called-up equity share capital		3			2				2
Profit and loss account					174,945				164,027
SHAREHOLDERS FUNDS					174,947				164,029
For the year ending 30 November 2014 the company was entitled to exemption 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 31 August 2015 and signed on its behalf.
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Mr A S Sandhu
31 August 2015
The annexed notes form part of these financial statements.

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DELMONTE BUILDERS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Statement of cashflow

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed assets

Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant and machinery 15% reducing balance basis Motor vehicles 25% reducing balance basis Fixtures and fittings 15% reducing balance basis

Stocks and work In progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Tangible fixed assets
				Total
	Cost
	At start of period			67,795
	At end of period			67,795
	Depreciation
	At start of period			49,205
	Provided during the period			4,197
	At end of period			53,402
	Net Book Value
	At start of period			18,590
	At end of period			14,393

3.	Share capital				Allotted, issued and fully paid
					2014	2013
					£	£
	Ordinary shares of £1 each				2	2
	Total issued share capital				2	2