McTaggart Brickwork Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08596513 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2015

for

McTaggart Brickwork Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B McTaggart

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

08596513 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Tangible assets

2

4,410

5,917

CURRENT ASSETS

Debtors

81,465

14,700

Cash at bank

9,935

3,753

91,400

18,453

CREDITORS

Amounts falling due within one year

29,055

13,957

NET CURRENT ASSETS

62,345

4,496

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,755

10,413

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

66,754

10,412

SHAREHOLDERS' FUNDS

66,755

10,413

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 15 January 2016 and were signed by:

B McTaggart - 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 the total invoice value of sales made during the period.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

7,889

DEPRECIATION

At 1 August 2014

1,972

Charge for year

1,507

At 31 July 2015

3,479

NET BOOK VALUE

At 31 July 2015

4,410

At 31 July 2014

5,917

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 July 2015 and the period

ended 31 July 2014:

31.7.15

31.7.14

£

B McTaggart

Balance outstanding at start of year

-

Amounts advanced

45,732

-

Amounts repaid

-

Balance outstanding at end of year

45,732

-