Pat Hodson Builders Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07602632 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th April 2016

for

Pat Hodson Builders Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P S W Hodson

Mr R S Hodson

REGISTERED OFFICE:

14A Market Place

Uttoxeter

Staffordshire

ST14 8HP

REGISTERED NUMBER:

07602632 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

2

31,090

38,998

CURRENT ASSETS

Debtors

17,305

20,624

Cash at bank

39,215

33,356

56,520

53,980

CREDITORS

Amounts falling due within one year

49,167

53,997

NET CURRENT ASSETS/(LIABILITIES)

7,353

(17

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,443

38,981

CREDITORS

Amounts falling due after more than one
year

(8,714

)

(13,516

)

PROVISIONS FOR LIABILITIES

(2,876

)

(2,973

)

NET ASSETS

26,853

22,492

CAPITAL AND RESERVES

Called up share capital

3

20

Profit and loss account

26,833

22,472

SHAREHOLDERS' FUNDS

26,853

22,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2016 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 24th November 2016 and were signed
on its behalf by:

Mr R S Hodson - 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 the value of work carried out during the financial year, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is

the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2015

53,231

Additions

3,741

At 30th April 2016

56,972

DEPRECIATION

At 1st May 2015

14,233

Charge for year

11,649

At 30th April 2016

25,882

NET BOOK VALUE

At 30th April 2016

31,090

At 30th April 2015

38,998

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

16

Ordinary A

£1

16

4

Ordinary B

£1

4

20