AIDAN BRYANT (BUILDERS) LIMITED - Period Ending 2015-09-30

Registration number: 05783913

AIDAN BRYANT (BUILDERS) LIMITED

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

Minney & Company Limited
Chartered Accountants
59 Union Street
Dunstable
Beds
LU6 1EX

AIDAN BRYANT (BUILDERS) LIMITED
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
AIDAN BRYANT (BUILDERS) LIMITED
for the Year Ended 30 September 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AIDAN BRYANT (BUILDERS) LIMITED for the year ended 30 September 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of AIDAN BRYANT (BUILDERS) LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of AIDAN BRYANT (BUILDERS) LIMITED and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AIDAN BRYANT (BUILDERS) LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that AIDAN BRYANT (BUILDERS) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AIDAN BRYANT (BUILDERS) LIMITED. You consider that AIDAN BRYANT (BUILDERS) LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of AIDAN BRYANT (BUILDERS) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Minney & Company Limited
Chartered Accountants
59 Union Street
Dunstable
Beds
LU6 1EX

3 February 2016

Page 1

AIDAN BRYANT (BUILDERS) LIMITED
(Registration number: 05783913)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets		2			17,369			25,299
Current assets
Debtors					1,077			6,642
Cash at bank and in hand					137,414			140,867
					138,491			147,509
Creditors: Amounts falling due within one year					(17,631)			(14,856)
Net current assets					120,860			132,653
Total assets less current liabilities					138,229			157,952
Provisions for liabilities					(3,250)			(644)
Net assets					134,979			157,308
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					134,977			157,306
Shareholders' funds					134,979			157,308

For the year ending 30 September 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 3 February 2016

.........................................
Mr M A S Bryant
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

AIDAN BRYANT (BUILDERS) LIMITED
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off cost or valuation, less estimated residual value of each asset over its expected useful life, as follows:-

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance

Deferred tax

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

AIDAN BRYANT (BUILDERS) LIMITED
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2014		42,016			42,016
Disposals		(6,375)			(6,375)
At 30 September 2015		35,641			35,641
Depreciation
At 1 October 2014		16,717			16,717
Charge for the year		5,789			5,789
Eliminated on disposals		(4,234)			(4,234)
At 30 September 2015		18,272			18,272
Net book value
At 30 September 2015		17,369			17,369
At 30 September 2014		25,299			25,299

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 4