Company Registration No. 04018570 (England and Wales)
Quaystone Construction Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2016
Quaystone Construction Ltd
Abbreviated Balance Sheet
as at 31 March 2016
Tangible assets
5,474
3,633
Cash at bank and in hand
33,995
11,162
Creditors: amounts falling due within one year
(249,753)
(112,410)
Net current (liabilities)/assets
(14,117)
100,937
Net (liabilities)/assets
(8,643)
104,570
Called up share capital
1,000
1,000
Profit and loss account
(9,643)
103,570
Total shareholders' funds
(8,643)
104,570
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 August 2016
Peter Hempenstall
Director
Company Registration No. 04018570
Quaystone Construction Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
2
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
At 1 April 2015
5,662
9,254
14,916
At 31 March 2016
5,662
12,954
18,616
At 1 April 2015
4,949
6,334
11,283
Charge for the year
389
1,470
1,859
At 31 March 2016
5,338
7,804
13,142
At 31 March 2016
324
5,150
5,474
At 31 March 2015
713
2,920
3,633
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
