A & M McCormick Construction Company Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00930621 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

A & M MCCORMICK CONSTRUCTION COMPANY

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M McCormick

Mrs. G E McCormick

SECRETARY:

Mr. M McCormick

REGISTERED OFFICE:

26 Grove Place

Bedford

MK40 3JJ

REGISTERED NUMBER:

00930621 (England and Wales)

ACCOUNTANTS:

A J Offord & Co. Limited

26 Grove Place

Bedford

Bedfordshire

MK40 3JJ

FIXED ASSETS

6,202

Tangible assets

2

6,074

CURRENT ASSETS

42,405

Stocks

42,405

8,281

Debtors

3

6,275

2,501

Cash at bank

12,167

53,187

60,847

CREDITORS

2,274

Amounts falling due within one year

2,503

50,913

NET CURRENT ASSETS

58,344

57,115

TOTAL ASSETS LESS CURRENT LIABILITIES

64,418

CREDITORS

29,000

Amounts falling due after more than one year

29,000

28,115

NET ASSETS

35,418

CAPITAL AND RESERVES

90

Called up share capital

4

90

28,025

Profit and loss account

35,328

28,115

SHAREHOLDERS' FUNDS

35,418

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 7 March 2016 and were signed on its behalf by:

M McCormick - 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 services, 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.

Freehold property

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

moving items.

2.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Totals

property

machinery

£

£

£

COST

At 1 December 2014

and 30 November 2015

8,669

6,000

98

DEPRECIATION

At 1 December 2014

2,467

-

94

Charge for year

128

-

1

At 30 November 2015

2,595

-

95

NET BOOK VALUE

At 30 November 2015

6,074

6,000

3

At 30 November 2014

6,202

6,000

4

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

£

£

£

COST

At 1 December 2014

and 30 November 2015

295

700

1,576

DEPRECIATION

At 1 December 2014

227

686

1,460

Charge for year

7

4

116

At 30 November 2015

234

690

1,576

NET BOOK VALUE

At 30 November 2015

61

10

-

At 30 November 2014

68

14

116

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 5,000 (2014 - £ 7,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

90

Ordinary

1

90

90