Cornerhouse Building Contractors Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08048639 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

CORNERHOUSE BUILDING CONTRACTORS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M W Bettles

SECRETARY:

Mrs P J Bettles

REGISTERED OFFICE:

Thistle Down Barn

Holcot Lane

Sywell

Northants

Northamptonshire

NN6 0BG

REGISTERED NUMBER:

08048639 (England and Wales)

ACCOUNTANTS:

Elsby & Company Ltd

Thistle Down Barn

Holcot Lane

Sywell

Northants

Northamptonshire

NN6 0BG

FIXED ASSETS

Tangible assets

2

45,922

22,722

CURRENT ASSETS

Debtors

121,446

19,047

Cash at bank

58,215

49,344

179,661

68,391

CREDITORS

Amounts falling due within one year

130,093

42,031

NET CURRENT ASSETS

49,568

26,360

TOTAL ASSETS LESS CURRENT LIABILITIES

95,490

49,082

CREDITORS

Amounts falling due after more than one year

(6,261

)

(8,602

)

PROVISIONS FOR LIABILITIES

(9,033

)

(2,943

)

NET ASSETS

80,196

37,537

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

80,194

37,535

SHAREHOLDERS' FUNDS

80,196

37,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 4 September 2015 and were signed by:

M W Bettles - 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 goods, 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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

31,151

Additions

42,811

Disposals

(10,525

)

At 30 June 2015

63,437

DEPRECIATION

At 1 July 2014

8,429

Charge for year

12,875

Eliminated on disposal

(3,789

)

At 30 June 2015

17,515

NET BOOK VALUE

At 30 June 2015

45,922

At 30 June 2014

22,722

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2