HRS Construction Services (Kent) Ltd - Limited company - abbreviated

REGISTERED NUMBER: 08658449 (England and Wales)

Abbreviated Accounts for the Year Ended 31 August 2015

for

HRS Construction Services (Kent) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr L McKay

SECRETARY:

Miss S L Mckay

REGISTERED OFFICE:

106A Hythe Road

Dymchurch

Romney Marsh

Kent

TN29 0TJ

REGISTERED NUMBER:

08658449 (England and Wales)

ACCOUNTANTS:

Business Tax Accountants Ltd (Phipps Anthony)

International Accountants and

Chartered Tax Advisers

24 Station Road Rainham

Gillingham

Kent

ME8 7PH

FIXED ASSETS

Tangible assets

2

108,867

42,230

CURRENT ASSETS

Debtors

Partnership Net Current Assets

425,325

27,222

387,637

-

Cash at bank

51,979

65,051

504,526

452,688

CREDITORS

Amounts falling due within one year

227,360

177,020

NET CURRENT ASSETS

277,166

275,668

TOTAL ASSETS LESS CURRENT

LIABILITIES

386,033

317,898

CREDITORS

Amounts falling due after more than one

year

(43,500

)

-

PROVISIONS FOR LIABILITIES

(14,210

)

-

NET ASSETS

328,323

317,898

CAPITAL AND RESERVES

Called up share capital

3

102

Profit and loss account

328,221

317,796

SHAREHOLDERS' FUNDS

328,323

317,898

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 20 March 2016 and were signed by:

Mr L McKay - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

56,413

Additions

107,760

At 31 August 2015

164,173

DEPRECIATION

At 1 September 2014

14,183

Charge for year

41,123

At 31 August 2015

55,306

NET BOOK VALUE

At 31 August 2015

108,867

At 31 August 2014

42,230

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

100

Ordinary

£1

100

1

Ordinary B

£1

1

Ordinary C

£1

1

102

4.	RELATED PARTY DISCLOSURES

Rock Place LLP

HRS Construction Services (Kent) Limited became a member of the Rock Place LLP.

Lance McKay

The director owed the company £196,414 at the start of the year . Further drawings were made during the year

but he introduced capital of £261,118. The director's loan account was overdrawn at the year end by £78,891.

The director repaid the loan on the 20 March 2016.

5.	PARTNERSHIP NET CURRENT ASSETS

31/08/2015

31/08/2014

Stocks

26,684

-

Debtors

1,802

-

Bank

385

-

Less Creditors

(1,829

)

-

Net Current Assets

27,222

HRS Construction Services (Kent) Ltd - Limited company - abbreviated - 11.9

HRS Construction Services (Kent) Ltd - Limited company - abbreviated - 11.9