Best Build Construction Ltd - Limited company - abbreviated - 11.9

Best Build Construction Ltd - Limited company - abbreviated - 11.9

BEST BUILD CONSTRUCTION LTD - Company Information

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REGISTERED NUMBER: 07261696 (England and Wales)













BEST BUILD CONSTRUCTION LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015













BEST BUILD CONSTRUCTION LTD (REGISTERED NUMBER: 07261696)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

BEST BUILD CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2015







DIRECTORS: D G MacMillan
Mrs A MacMillan



REGISTERED OFFICE: 145-147 St John Street
London
EC1V 4PY



REGISTERED NUMBER: 07261696 (England and Wales)



ACCOUNTANTS: Hardie Caldwell LLP
Citypoint 2
25 Tyndrum Street
Glasgow
G4 0JY



BANKERS: The Royal Bank of Scotland
568 Alexandra Parade
Glasgow
G31 3BP
Page 1
BEST BUILD CONSTRUCTION LTD (REGISTERED NUMBER: 07261696)

ABBREVIATED BALANCE SHEET
31 MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,580 3,156

CURRENT ASSETS
Debtors 7,193 -
Cash at bank 4,423 481
11,616 481
CREDITORS
Amounts falling due within one year 10,063 5,300
NET CURRENT ASSETS/(LIABILITIES) 1,553 (4,819 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,133
(1,663		 )

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 3,033 (1,763 )
SHAREHOLDERS' FUNDS 3,133 (1,663 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 February 2016 and were signed on its behalf
by:





D G MacMillan - Director


The notes form part of these abbreviated accounts

Page 2
BEST BUILD CONSTRUCTION LTD (REGISTERED NUMBER: 07261696)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future and will continue to support the cash flow of the company as required. They
continue to believe the going concern basis of accounting appropriate in preparing the annual financial
statements.

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 / amounts recoverable on contracts
Turnover represents both invoiced sales of goods excluding value added tax and the value of work performed on
contracts. The value of the work performed on contracts includes amounts recoverable on contracts and the
value is based on the percentage of the contract completed recognising the appropriate percentage of profit
generated at that stage.

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

Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Other income
Other income being construction industry grants is recognised on a receipts basis.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014
and 31 May 2015 6,004
DEPRECIATION
At 1 June 2014 2,848
Charge for year 1,576
At 31 May 2015 4,424
NET BOOK VALUE
At 31 May 2015 1,580
At 31 May 2014 3,156

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 3
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BEST BUILD CONSTRUCTION LTD (REGISTERED NUMBER: 07261696)


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Best Build Construction Ltd for the year ended 31 May 2015 which comprise the Profit and Loss
Account, the Balance Sheet, and the related notes 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 of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of Best Build Construction Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Best Build Construction Ltd and state those matters that we have agreed to state to the Board of Directors of Best Build Construction Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Best Build Construction Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Best Build Construction Ltd. You consider that Best Build Construction Ltd 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 financial statements of Best Build Construction Ltd.
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 financial statements.






Hardie Caldwell LLP
Citypoint 2
25 Tyndrum Street
Glasgow
G4 0JY


22 February 2016

This page does not form part of the abbreviated accounts

Page 4