Wilson Bros. Construction Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04611340 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2015

for

WILSON BROS. CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I Wilson

Mr A Wilson

SECRETARY:

Mr I Wilson

REGISTERED OFFICE:

10 Moorlands Rise

Meltham

Huddersfield

West Yorkshire

HD9 5NA

REGISTERED NUMBER:

04611340 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

FIXED ASSETS

Tangible assets

2

2,593

2,911

CURRENT ASSETS

Stocks

1,600

1,950

Debtors

5,908

6,150

Cash at bank

5,525

8,140

13,033

16,240

CREDITORS

Amounts falling due within one year

14,099

17,985

NET CURRENT LIABILITIES

(1,066

)

(1,745

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,527

1,166

PROVISIONS FOR LIABILITIES

322

343

NET ASSETS

1,205

823

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,203

821

SHAREHOLDERS' FUNDS

1,205

823

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 29th February 2016 and were signed on its behalf by:

Mr I Wilson - Director

Mr A Wilson - 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 of goods, excluding value added tax.

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

-

20% on reducing balance

Fixtures and fittings

-

33% on cost and 20% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

22,935

Additions

550

At 31st December 2015

23,485

DEPRECIATION

At 1st January 2015

20,024

Charge for year

868

At 31st December 2015

20,892

NET BOOK VALUE

At 31st December 2015

2,593

At 31st December 2014

2,911

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/15

31/12/14

value:

£

£

2

Ordinary

£1

2

2