McKenna (Plasterers) Limited - Limited company - abbreviated - 11.9

McKenna (Plasterers) Limited - Limited company - abbreviated - 11.9

MCKENNA (PLASTERERS) LIMITED - Company Information

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REGISTERED NUMBER: 01262251 (England and Wales)












ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

MCKENNA (PLASTERERS) LIMITED

MCKENNA (PLASTERERS) LIMITED (REGISTERED NUMBER: 01262251)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MCKENNA (PLASTERERS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2015







DIRECTORS: Mrs M E McKenna
A McKenna
T Howarth





SECRETARY: Mrs M E McKenna





REGISTERED OFFICE: 4 South Terrace
Cornsay Colliery
Co. Durham
DH7 9ED





REGISTERED NUMBER: 01262251 (England and Wales)





ACCOUNTANTS: Ribchesters
Chartered Accountants
Finchale House
Belmont Business Park
Durham
DH1 1TW
Page 1
MCKENNA (PLASTERERS) LIMITED (REGISTERED NUMBER: 01262251)

ABBREVIATED BALANCE SHEET
30 JUNE 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 28,968 19,723

CURRENT ASSETS
Stocks 8,845 5,773
Debtors 177,493 174,672
Cash at bank 370,727 307,205
557,065 487,650
CREDITORS
Amounts falling due within one year 136,133 118,886
NET CURRENT ASSETS 420,932 368,764
TOTAL ASSETS LESS CURRENT
LIABILITIES
449,900
388,487

PROVISIONS FOR LIABILITIES 5,623 2,534
NET ASSETS 444,277 385,953

CAPITAL AND RESERVES
Called up share capital 3 5,000 5,000
Profit and loss account 439,277 380,953
SHAREHOLDERS' FUNDS 444,277 385,953

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 15 January 2016 and were signed on its behalf by:




A McKenna - Director


The notes form part of these abbreviated accounts

Page 2
MCKENNA (PLASTERERS) LIMITED (REGISTERED NUMBER: 01262251)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015

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.

In respect of turnover arising from contractual arrangement, income is attributed to the profit and loss account as
contract activity progresses in a manner appropriate to the stage of completion of each individual contract.

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

Plant and machinery etc - 25% on reducing balance and straight line over 25 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

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 in which they are paid.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2014 122,714
Additions 18,850
Disposals (24,000 )
At 30 June 2015 117,564
DEPRECIATION
At 1 July 2014 102,991
Charge for year 8,482
Eliminated on disposal (22,877 )
At 30 June 2015 88,596
NET BOOK VALUE
At 30 June 2015 28,968
At 30 June 2014 19,723

Page 3 continued...
MCKENNA (PLASTERERS) LIMITED (REGISTERED NUMBER: 01262251)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
5,000 Ordinary £1 5,000 5,000

4. ULTIMATE CONTROLLING PARTY

Throughout the year the shares in the company were owned wholly by its directors who therefore control the
company.


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