Abbreviated Company Accounts - FODEN SPENCE CONSTRUCTION LIMITED

FODEN SPENCE CONSTRUCTION LIMITED - Company Information

Registered Number 01890583

FODEN SPENCE CONSTRUCTION LIMITED

Abbreviated Accounts

31 December 2015

FODEN SPENCE CONSTRUCTION LIMITED Registered Number 01890583

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	527,070	534,907
Investments	3	100	100
		527,170	535,007
Current assets
Stocks		47,399	45,196
Debtors		149,832	323,890
Cash at bank and in hand		212,254	117,219
		409,485	486,305
Creditors: amounts falling due within one year		(348,678)	(481,041)
Net current assets (liabilities)		60,807	5,264
Total assets less current liabilities		587,977	540,271
Creditors: amounts falling due after more than one year		(62,571)	(93,392)
Provisions for liabilities		(6,684)	(6,714)
Total net assets (liabilities)		518,722	440,165
Capital and reserves
Called up share capital		2	2
Other reserves		98	98
Profit and loss account		518,622	440,065
Shareholders' funds		518,722	440,165

For the year ending 31 December 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 5 September 2016

And signed on their behalf by:
M Foden, Director

FODEN SPENCE CONSTRUCTION LIMITED Registered Number 01890583

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	721,133
Additions	6,911
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	728,044
Depreciation
At 1 January 2015	186,226
Charge for the year	14,748
On disposals	-
At 31 December 2015	200,974
Net book values
At 31 December 2015	527,070
At 31 December 2014	534,907

3Fixed assets Investments
Cost January 2015 £100
At 31 December 2015 £100
Net Book values
At 31 December 2015 £100
At 31 December 2014 £100