Abbreviated Company Accounts - FAULMORE CONSTRUCTION LTD

FAULMORE CONSTRUCTION LTD - Company Information

Registered Number 08044372

FAULMORE CONSTRUCTION LTD

Abbreviated Accounts

31 August 2015

FAULMORE CONSTRUCTION LTD Registered Number 08044372

Abbreviated Balance Sheet as at 31 August 2015

	Notes	31/08/2015	30/04/2014
		£	£
Fixed assets
Tangible assets	2	105,759	141,012
		105,759	141,012
Current assets
Debtors		40,675	40,523
Cash at bank and in hand		3,374	18,756
		44,049	59,279
Creditors: amounts falling due within one year		(134,436)	(194,737)
Net current assets (liabilities)		(90,387)	(135,458)
Total assets less current liabilities		15,372	5,554
Total net assets (liabilities)		15,372	5,554
Capital and reserves
Called up share capital		2	2
Profit and loss account		15,370	5,552
Shareholders' funds		15,372	5,554

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 31 May 2016

And signed on their behalf by:
B DURKAN, Director

FAULMORE CONSTRUCTION LTD Registered Number 08044372

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
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 May 2014	189,766
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	189,766
Depreciation
At 1 May 2014	48,754
Charge for the year	35,253
On disposals	-
At 31 August 2015	84,007
Net book values
At 31 August 2015	105,759
At 30 April 2014	141,012