R S Ceiling Contractors Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02451037 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

R S Ceiling Contractors Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R B Wookey

SECRETARY:

Mrs E L Wookey

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

02451037 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

2

3,252

3,941

CURRENT ASSETS

Stocks

60

54

Debtors

24,337

5,640

Cash at bank

74,020

20,396

98,417

26,090

CREDITORS

Amounts falling due within one year

48,386

17,611

NET CURRENT ASSETS

50,031

8,479

TOTAL ASSETS LESS CURRENT LIABILITIES

53,283

12,420

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

53,183

12,320

SHAREHOLDERS' FUNDS

53,283

12,420

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 18 January 2016 and were signed by:

R B Wookey - 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, excluding value added tax. In the case of work in progress it

includes relevant costs and overheads plus attributable profit to date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Equipment

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Cost represents all direct expenditure.

Amounts recoverable on contracts are valued at anticipated net sales value of work done after

provision for contingencies and anticipated future losses on contracts.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

22,222

DEPRECIATION

At 1 May 2014

18,281

Charge for year

689

At 30 April 2015

18,970

NET BOOK VALUE

At 30 April 2015

3,252

At 30 April 2014

3,941

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100