Graham Holland Groundworks Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06455244

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Graham Holland Groundworks Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr Graham Holland

REGISTERED OFFICE:

30 Linet Drive

Leigh

Lancashire

WN7 2GE

REGISTERED NUMBER:

06455244

ACCOUNTANTS:

Mike Egan & Co

Chartered Accountants

168 Lee Lane

Horwich

Bolton

Lancashire

BL6 7AF

FIXED ASSETS

Intangible assets

2

5,250

8,250

Tangible assets

3

283

354

5,533

8,604

CURRENT ASSETS

Debtors

4,827

5,214

Cash at bank

1,286

1,470

6,113

6,684

CREDITORS

Amounts falling due within one year

(11,581

)

(14,902

)

NET CURRENT LIABILITIES

(5,468

)

(8,218

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

65

386

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

64

385

SHAREHOLDERS' FUNDS

65

386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 3 May 2016 and were signed by:

Mr Graham Holland - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

30,000

AMORTISATION

At 1 April 2015

21,750

Amortisation for year

3,000

At 31 March 2016

24,750

NET BOOK VALUE

At 31 March 2016

5,250

At 31 March 2015

8,250

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,075

DEPRECIATION

At 1 April 2015

721

Charge for year

71

At 31 March 2016

792

NET BOOK VALUE

At 31 March 2016

283

At 31 March 2015

354

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,200 (2015 - £5,500) were paid to the director .

In creditors is an amount owing of £9,303 to the directors.