Horton Construction Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05640586 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

Horton Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr F Sabet

Mrs H Sabet

SECRETARY:

Mrs H Sabet

REGISTERED OFFICE:

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

REGISTERED NUMBER:

05640586 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

CURRENT ASSETS

Stocks and work in progress

528,400

234,802

Debtors

11,907

330

Cash at bank and in hand

10,422

3,551

550,729

238,683

CREDITORS

Amounts falling due within one year

509,844

241,805

NET CURRENT ASSETS/(LIABILITIES)

40,885

(3,122

)

TOTAL ASSETS LESS CURRENT LIABILITIES

40,885

(3,122

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

40,785

(3,222

)

SHAREHOLDERS' FUNDS

40,885

(3,122

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 August 2016 and were signed on its behalf by:

Mr F Sabet - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100