Abbreviated Company Accounts - MONKS BUILDING SERVICES LIMITED

UNIVERSAL BUILDING SPECIALISTS LTD - Company Information

08412093 MONKS BUILDING SERVICES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08412093 2015-04-01 2016-03-31 08412093 2016-03-31 08412093 2015-03-31 08412093 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08412093 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08412093

MONKS BUILDING SERVICES LIMITED

Abbreviated Accounts

31 March 2016

MONKS BUILDING SERVICES LIMITED Registered Number 08412093

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	9,576	12,770
		9,576	12,770
Current assets
Stocks		123,419	187,301
Debtors		1,748,046	970,050
Cash at bank and in hand		61,511	428,307
		1,932,976	1,585,658
Creditors: amounts falling due within one year		(1,326,474)	(1,357,546)
Net current assets (liabilities)		606,502	228,112
Total assets less current liabilities		616,078	240,882
Creditors: amounts falling due after more than one year		(250,000)	-
Total net assets (liabilities)		366,078	240,882
Capital and reserves
Called up share capital	3	99	99
Profit and loss account		365,979	240,783
Shareholders' funds		366,078	240,882

For the year ending 31 March 2016 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 19 September 2016

And signed on their behalf by:
Mrs C. Smith, Director

MONKS BUILDING SERVICES LIMITED Registered Number 08412093

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and Machinery - 25% reducing balance method

Valuation information and policy
STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 April 2015	20,224
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	20,224
Depreciation
At 1 April 2015	7,454
Charge for the year	3,194
On disposals	-
At 31 March 2016	10,648
Net book values
At 31 March 2016	9,576
At 31 March 2015	12,770

P & M
Motor Vehicles

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

	2016 £	2015 £
99 Ordinary shares of £1 each	99	99