Abbreviated Company Accounts - PRESTIGE BUILDING CONTRACTS LTD

PRESTIGE BUILDING CONTRACTS LTD - Company Information

Registered Number NI613877

PRESTIGE BUILDING CONTRACTS LTD

Abbreviated Accounts

31 August 2015

PRESTIGE BUILDING CONTRACTS LTD Registered Number NI613877

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	11,189	4,806
		11,189	4,806
Current assets
Stocks		17,500	5,500
Debtors		39,208	92,066
Cash at bank and in hand		27,786	555
		84,494	98,121
Creditors: amounts falling due within one year		(87,244)	(102,423)
Net current assets (liabilities)		(2,750)	(4,302)
Total assets less current liabilities		8,439	504
Creditors: amounts falling due after more than one year		(7,836)	-
Total net assets (liabilities)		603	504
Capital and reserves
Called up share capital		2	2
Profit and loss account		601	502
Shareholders' funds		603	504

For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 May 2016

And signed on their behalf by:
Paul Hardy, Director
David Leahey, Director

PRESTIGE BUILDING CONTRACTS LTD Registered Number NI613877

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment - 20% per annum
Motor vehicles - 25% per annum

2Tangible fixed assets

	£
Cost
At 1 September 2014	6,196
Additions	7,900
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	14,096
Depreciation
At 1 September 2014	1,390
Charge for the year	1,517
On disposals	-
At 31 August 2015	2,907
Net book values
At 31 August 2015	11,189
At 31 August 2014	4,806