J. Byrne Plant Hire & Civil Engineering - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01535488 (England and Wales)

Abbreviated Accounts for the Year Ended 31st December 2014

for

J. Byrne Plant Hire & Civil

Engineering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J. Byrne

R. Byrne

M.P.E. Byrne

Mrs M.R. Edwards

SECRETARY:

M.P.E. Byrne

REGISTERED OFFICE:

Byrnes

Third Avenue

Chatham

Kent

ME5 0AD

REGISTERED NUMBER:

01535488 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

2

781,713

853,804

CURRENT ASSETS

Debtors

584,980

374,525

Cash at bank

4,272

-

589,252

374,525

CREDITORS

Amounts falling due within one year

3

397,682

186,203

NET CURRENT ASSETS

191,570

188,322

TOTAL ASSETS LESS CURRENT LIABILITIES

973,283

1,042,126

CREDITORS

Amounts falling due after more than one year

3

(83,026

)

(93,792

)

PROVISIONS FOR LIABILITIES

(61,754

)

(69,703

)

NET ASSETS

828,503

878,631

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

828,403

878,531

SHAREHOLDERS' FUNDS

828,503

878,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 1st September 2015 and were signed on its behalf by:

M.P.E. Byrne - 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 is the total amount receivable by the company for goods and services provided excluding VAT and

trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost of buildings

Leasehold property

-

4% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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 1st January 2014

and 31st December 2014

2,930,581

DEPRECIATION

At 1st January 2014

2,076,777

Charge for year

72,091

At 31st December 2014

2,148,868

NET BOOK VALUE

At 31st December 2014

781,713

At 31st December 2013

853,804

3.

CREDITORS

Creditors include an amount of £ 92,995 (2013 - £ 129,243 ) for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

52,867

63,183

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

96

Ordinary

£1

96

96

2

'A' Ordinary

£1

2

2

2

'B' Ordinary

£1

2

2

100

100