D.M.B Carpentry & Joinery Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02153196 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

D.M.B CARPENTRY & JOINERY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D E Buckingham

M J Buckingham

SECRETARY:

Mr. D E Buckingham

REGISTERED OFFICE:

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU

REGISTERED NUMBER:

02153196 (England and Wales)

ACCOUNTANTS:

Hamlyns LLP

Chartered Accountants

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU

FIXED ASSETS

Tangible assets

2

12,757

397,277

CURRENT ASSETS

Debtors

604,841

829,609

Cash at bank and in hand

247,548

272,277

852,389

1,101,886

CREDITORS

Amounts falling due within one year

3

415,453

757,345

NET CURRENT ASSETS

436,936

344,541

TOTAL ASSETS LESS CURRENT
LIABILITIES

449,693

741,818

CREDITORS

Amounts falling due after more than one
year

3

-

289,502

NET ASSETS

449,693

452,316

CAPITAL AND RESERVES

Called up share capital

4

102

Revaluation reserve

-

144,389

Profit and loss account

449,591

307,825

SHAREHOLDERS' FUNDS

449,693

452,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 September 2016 and were signed on its behalf
by:

D E Buckingham - Director

M J Buckingham - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

Pensions

The company operates a defined contribution scheme. The amount charged to the profit and loss account in

respect of pension costs is the contributions payable in the year. Differences between contributions payable in the

year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

559,144

Additions

3,118

Disposals

(470,000

)

At 31 December 2015

92,262

DEPRECIATION

At 1 January 2015

161,867

Charge for year

11,262

Eliminated on disposal

(93,624

)

At 31 December 2015

79,505

NET BOOK VALUE

At 31 December 2015

12,757

At 31 December 2014

397,277

3.

CREDITORS

Creditors include an amount of £ 0 (2014 - £ 122,090 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

2

Ordinary B

£1

2

102

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr. D. E and Mr. M. J Buckingham, by virtue of their shareholdings.