Town Roofing Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06217330 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Town Roofing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs V M Dodd

REGISTERED OFFICE:

Applewood

Warrington Road

Mickle Trafford

Chester

CH2 4EA

REGISTERED NUMBER:

06217330 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

2

2,936

3,914

CURRENT ASSETS

Stocks

975

1,150

Debtors

17,767

5,760

Cash at bank

1,732

4,246

20,474

11,156

CREDITORS

Amounts falling due within one year

(23,375

)

(14,869

)

NET CURRENT LIABILITIES

(2,901

)

(3,713

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

35

201

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

25

191

SHAREHOLDERS' FUNDS

35

201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 8 November 2016 and were signed by:

Mrs V M Dodd - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

15,178

DEPRECIATION

At 1 April 2015

11,264

Charge for year

978

At 31 March 2016

12,242

NET BOOK VALUE

At 31 March 2016

2,936

At 31 March 2015

3,914

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

10

Ordinary

1

10