C_S_CONCRETE_LIMITED - Accounts

C S CONCRETE LIMITED - Company Information

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Company Registration No. 2827591 (England and Wales)

C S CONCRETE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

C S CONCRETE LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

C S CONCRETE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

37,749

27,001

Investments

5,522

43,271

32,523

Current assets

Debtors

351,407

83,733

Cash at bank and in hand

116,711

27,216

468,118

110,949

Creditors: amounts falling due within one year

(286,181)

(107,653)

Net current assets

181,937

3,296

Total assets less current liabilities

225,208

35,819

Creditors: amounts falling due after more than one year

(8,528)

(8,860)

Provisions for liabilities

(7,550)

(5,400)

209,130

21,559

Capital and reserves

Called up share capital

100

Profit and loss account

209,030

21,459

Shareholders' funds

209,130

21,559

C S CONCRETE LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2015

- 2 -

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 25 August 2015

Mr C Stabler

Director

Company Registration No. 2827591

C S CONCRETE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

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).

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.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

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

25% Reducing balance and 33 1/3 % straight line

Fixtures, fittings & equipment

15% Reducing balance

Motor vehicles

25% Reducing balance

1.5

Leasing

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.6

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.7

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

1.8

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.9

Deferred taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

C S CONCRETE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 April 2014

95,535

5,522

101,057

Additions

23,897

Disposals

(6,500)

At 31 March 2015

112,932

5,522

118,454

Depreciation

At 1 April 2014

68,534

On disposals

(5,850)

Charge for the year

12,499

At 31 March 2015

75,183

Net book value

At 31 March 2015

37,749

5,522

43,271

At 31 March 2014

27,001

5,522

32,523

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £9,922 (2014 - £5,934).

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £8,528 (2014 - £8,860).

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100