Abbreviated Company Accounts - LYALL'S CONSTRUCTIONS LTD

LYALL'S CONSTRUCTIONS LTD - Company Information

07783815 LYALL'S CONSTRUCTIONS LTD 2015-09-30 false 2014-10-01 2015-09-30 true 07783815 2014-10-01 2015-09-30 07783815 2015-09-30 07783815 2014-09-30 07783815 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 07783815 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 07783815

LYALL'S CONSTRUCTIONS LTD

Abbreviated Accounts

30 September 2015

LYALL'S CONSTRUCTIONS LTD Registered Number 07783815

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,433	-
		1,433	-
Current assets
Stocks		5,890	-
Cash at bank and in hand		1,470	1,205
		7,360	1,205
Net current assets (liabilities)		7,360	1,205
Total assets less current liabilities		8,793	1,205
Creditors: amounts falling due after more than one year		(2,883)	(1,040)
Total net assets (liabilities)		5,910	165
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		5,908	163
Shareholders' funds		5,910	165

For the year ending 30 September 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 29 June 2016

And signed on their behalf by:
S J Lyall, Director

LYALL'S CONSTRUCTIONS LTD Registered Number 07783815

Notes to the Abbreviated Accounts for the period ended 30 September 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each assets over its estimated useful life.
Computer equipment - 33.33% on cost

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value , after making due allowances for obsolete and slow moving items.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.
Rental paid under operating leases are charged to profit and loss account on straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 October 2014	-
Additions	2,150
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	2,150
Depreciation
At 1 October 2014	-
Charge for the year	717
On disposals	-
At 30 September 2015	717
Net book values
At 30 September 2015	1,433
At 30 September 2014	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2