County Demolition Limited Small abbreviated accounts

COUNTY DEMOLITION LIMITED - Company Information

FY Private Limited Company Company accounts 2016-06-30 2016-06-30 false true false false false false false false false false false false true true 2014-10-01 true xbrli:pure xbrli:shares iso4217:GBP 08523193 2014-10-01 2015-09-30 08523193 2015-09-30 08523193 2014-09-30 08523193 2014-09-30 08523193 uk-gaap:PlantMachinery 2014-10-01 2015-09-30 08523193 uk-gaap:FixturesFittings 2014-10-01 2015-09-30 08523193 uk-gaap:OfficeEquipment 2014-10-01 2015-09-30 08523193 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2014-10-01 2015-09-30 08523193 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 08523193 uk-bus:Director1 2014-10-01 2015-09-30 08523193 uk-gaap:AllSubsidiaries 2014-10-01 2015-09-30 08523193 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-09-30 08523193 uk-bus:OrdinaryShareClass1 2015-09-30 08523193 uk-bus:OrdinaryShareClass1 2014-09-30 08523193 uk-lang:English 2014-10-01 2015-09-30 08523193 uk-curr:PoundSterling 2014-10-01 2015-09-30

COMPANY REGISTRATION NUMBER 08523193

COUNTY DEMOLITION LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED

30 September 2015

JAMESONS

Chartered Accountants

92 Station Road

Clacton on Sea

Essex

CO15 1SG

COUNTY DEMOLITION LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF COUNTY DEMOLITION LIMITED

YEAR ENDED 30 SEPTEMBER 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of County Demolition Limited for the year ended 30 September 2015 which comprise the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the director of County Demolition Limited in accordance with the terms of our engagement letter dated 24 April 2015. Our work has been undertaken solely to prepare for your approval the abbreviated accounts of County Demolition Limited and state those matters that we have agreed to state to him in this report in accordance with AAF 02/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than County Demolition Limited and its director for our work or for this report.

It is your duty to ensure that County Demolition Limited has kept adequate accounting records and to prepare statutory abbreviated accounts that give a true and fair view of the assets, liabilities, financial position and profit of County Demolition Limited. You consider that County Demolition Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the abbreviated accounts of County Demolition Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory abbreviated accounts.

JAMESONS Chartered Accountants

92 Station Road Clacton on Sea Essex CO15 1SG

14 June 2016

COUNTY DEMOLITION LIMITED

ABBREVIATED BALANCE SHEET

30 September 2015

	2015	2014
Note	£	£	£	£
FIXED ASSETS	2
Tangible assets		11,030		13,036

CURRENT ASSETS

Stocks	2,000		-
Debtors	180,071		53,791
Cash at bank and in hand	26		8,406
	----------		--------
	182,097		62,197
CREDITORS: Amounts falling due within one year	190,775		45,082
	----------		--------
NET CURRENT (LIABILITIES)/ASSETS		( 8,678)		17,115
		--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES		2,352		30,151

PROVISIONS FOR LIABILITIES	2,206	2,607
	-------	--------
	146	27,544
	-------	--------

CAPITAL AND RESERVES

Called up equity share capital	3		200		100
Profit and loss account		( 54)		27,444
		----		--------
SHAREHOLDERS' FUNDS		146		27,544
		----		--------

For the year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved and signed by the director and authorised for issue on 14 June 2016 .

Mr D L Burke

Company Registration Number: 08523193

COUNTY DEMOLITION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 30 SEPTEMBER 2015

1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

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

Fixtures & Fittings-25% reducing balance

Equipment-25% reducing balance

Stocks

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

Hire purchase agreements

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Deferred taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and law.

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1 October 2014	17,381
Additions	22,671
Disposals	( 21,000)
	--------
At 30 September 2015	19,052
	--------

DEPRECIATION

At 1 October 2014	4,345
Charge for year	3,677
	-------
At 30 September 2015	8,022
	-------

NET BOOK VALUE

At 30 September 2015	11,030
	--------

At 30 September 2014	13,036
	--------

3. SHARE CAPITAL

Allotted, called up and fully paid:

2015	2014
No	£	No	£
Ordinary shares (2014 - 100) of £ 1 each	200	200	100	100
	----	----	----	----