ADDSTOW BASEMENT CONSTRUCTION LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08823944 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

24 DECEMBER 2013 TO 31 DECEMBER 2014

FOR

ADDSTOW BASEMENT CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D J Morton

SECRETARY:

D J Morton

REGISTERED OFFICE:

8 Sherman Road

BROMLEY

Kent

BR1 3JH

REGISTERED NUMBER:

08823944 (England and Wales)

ACCOUNTANTS:

CH London Limited

Alexander House

21 Station Approach

VIRGINIA WATER

Surrey

GU25 4DW

FIXED ASSETS

Tangible assets

2

25,321

CURRENT ASSETS

Stocks

144,000

Debtors

43,963

Cash at bank

274

188,237

CREDITORS

Amounts falling due within one year

218,411

NET CURRENT LIABILITIES

(30,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,853

)

RESERVES

Profit and loss account

(4,853

)

(4,853

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 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 29 September 2015 and were signed by:

A J Addison - 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.

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,321

At 31 December 2014

25,321

NET BOOK VALUE

At 31 December 2014

25,321