Young Site Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07679303 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2015

for

Young Site Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A C Young

REGISTERED OFFICE:

14 Runnymede Lane

Kingswood

Hull

HU7 3AD

REGISTERED NUMBER:

07679303 (England and Wales)

ACCOUNTANTS:

cbaSadofskys Limited

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

National Westminster Bank plc

34 King Edward Street

Hull

HU1 3YN

FIXED ASSETS

Tangible assets

2

40,668

22,173

CURRENT ASSETS

Debtors

232,374

130,226

Cash at bank

172,389

61,094

404,763

191,320

CREDITORS

Amounts falling due within one year

135,205

69,351

NET CURRENT ASSETS

269,558

121,969

TOTAL ASSETS LESS CURRENT LIABILITIES

310,226

144,142

PROVISIONS FOR LIABILITIES

8,134

4,435

NET ASSETS

302,092

139,707

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

302,090

139,705

SHAREHOLDERS' FUNDS

302,092

139,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 8th September 2015 and were signed by:

A C Young - 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 etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

39,782

Additions

39,837

Disposals

(4,000

)

At 31st March 2015

75,619

DEPRECIATION

At 1st April 2014

17,609

Charge for year

20,462

Eliminated on disposal

(3,120

)

At 31st March 2015

34,951

NET BOOK VALUE

At 31st March 2015

40,668

At 31st March 2014

22,173

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

2

Ordinary

£1

2

2

4.

CONTROL

During the year under review no one party controlled the company.