NEWLINE_CIVIL_ENGINEERING - Accounts

NEWLINE CIVIL ENGINEERING LIMITED - Company Information

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Company Registration No. 02967428 (England and Wales)

NEWLINE CIVIL ENGINEERING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2016

NEWLINE CIVIL ENGINEERING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

NEWLINE CIVIL ENGINEERING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

59,524

36,119

Current assets

Debtors

1,826,253

854,255

Cash at bank and in hand

1,036,654

916,639

2,862,907

1,770,894

Creditors: amounts falling due within one year

(1,481,430)

(795,333)

Net current assets

1,381,477

975,561

Total assets less current liabilities

1,441,001

1,011,680

Provisions for liabilities

(6,479)

(1,228)

1,434,522

1,010,452

Capital and reserves

Called up share capital

396

Profit and loss account

1,434,126

1,010,056

Shareholders' funds

1,434,522

1,010,452

For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 4 October 2016

HP Lynch

WB Jones

Director

Company Registration No. 02967428

NEWLINE CIVIL ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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% per annum of net book value

Motor vehicles

25% per annum of net book value

1.5

Long term contracts

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

1.6

Pensions

The pension costs charged in the financial statements represent the contributions payable by the company during the year in accordance with FRS17.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

NEWLINE CIVIL ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 February 2015

118,789

Additions

43,803

Disposals

(14,900)

At 31 January 2016

147,692

Depreciation

At 1 February 2015

82,670

On disposals

(14,345)

Charge for the year

19,843

At 31 January 2016

88,168

Net book value

At 31 January 2016

59,524

At 31 January 2015

36,119

Share capital

2016

2015

Allotted, called up and fully paid

396 'A' Ordinary Shares of £1 each

396