M.SANDHU ROOFING LTD - Abbreviated accounts

M.SANDHU ROOFING LTD - Company Information

Registered number

08999843

M.SANDHU ROOFING LTD

Abbreviated Accounts

30 April 2015

M.SANDHU ROOFING LTD
Registered number:		08999843
Abbreviated Balance Sheet
as at 30 April 2015

Notes			2015
£
Fixed assets
Tangible assets	2		9,084

Current assets
Debtors		184
Cash at bank and in hand		2,672
		2,856

Creditors: amounts falling due within one year		(1,247)

Net current assets			1,609

Total assets less current liabilities			10,693

Creditors: amounts falling due after more than one year			(9,820)



Net assets			873

Capital and reserves
Called up share capital	3		1
Profit and loss account			872

Shareholders' funds			873

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



MR MAKHAN SINGH
Director
Approved by the board on 12 January 2016

M.SANDHU ROOFING LTD
Notes to the Abbreviated Accounts
for the year ended 30 April 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			15% on written down value

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets					£

	Cost
	Additions					9,820
	At 30 April 2015					9,820

	Depreciation
	Charge for the year					736
	At 30 April 2015					736

	Net book value
	At 30 April 2015					9,084


3	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		1		1