Abbreviated Company Accounts - CAMPBELL CONTRACTS LTD

CAMPBELL CONTRACTS LTD - Company Information

NI043908 CAMPBELL CONTRACTS LTD 2015-08-31 false 2014-09-01 2015-08-31 true NI043908 2014-09-01 2015-08-31 NI043908 2015-08-31 NI043908 2014-08-31 NI043908 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 NI043908 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number NI043908

CAMPBELL CONTRACTS LTD

Abbreviated Accounts

31 August 2015

CAMPBELL CONTRACTS LTD Registered Number NI043908

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	250,000	350,000
Tangible assets	3	2,164,526	1,757,800
		2,414,526	2,107,800
Current assets
Stocks		145,000	131,241
Debtors		452,772	587,373
Cash at bank and in hand		351,282	419,899
		949,054	1,138,513
Creditors: amounts falling due within one year	4	(1,484,014)	(1,555,631)
Net current assets (liabilities)		(534,960)	(417,118)
Total assets less current liabilities		1,879,566	1,690,682
Creditors: amounts falling due after more than one year	4	(463,492)	(546,854)
Total net assets (liabilities)		1,416,074	1,143,828
Capital and reserves
Called up share capital	5	700	700
Profit and loss account		1,415,374	1,143,128
Shareholders' funds		1,416,074	1,143,828

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 16 May 2016

And signed on their behalf by:
JIM CAMPBELL, Director

CAMPBELL CONTRACTS LTD Registered Number NI043908

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at the following rates
Land & buildings - Straight Line over 20 years
Plant & machinery - 20% Reducing Balance
Fixture & fittings - 20% Reducing Balance
Motor Vehicles - 20% Reducing Balance

Intangible assets amortisation policy
Acquired goodwill is written off over its estimated economic life of 10 years.

Valuation information and policy
Work in progress is valued at lower of cost and net realisable value.

Other accounting policies
Share Capital
700 Ordinary shares of £1.00

2Intangible fixed assets

	£
Cost
At 1 September 2014	1,000,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	1,000,000
Amortisation
At 1 September 2014	650,000
Charge for the year	100,000
On disposals	-
At 31 August 2015	750,000
Net book values
At 31 August 2015	250,000
At 31 August 2014	350,000

3Tangible fixed assets

	£
Cost
At 1 September 2014	5,892,371
Additions	874,222
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	6,766,593
Depreciation
At 1 September 2014	4,134,571
Charge for the year	467,496
On disposals	-
At 31 August 2015	4,602,067
Net book values
At 31 August 2015	2,164,526
At 31 August 2014	1,757,800

4Creditors

	2015 £	2014 £
Secured Debts	799,235	798,716

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
700 Ordinary shares of £1 each	700	700