Mahcon Construction (Services) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03328682 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

MAHCON CONSTRUCTION (SERVICES)

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M A Hutson

Mrs J Hutson

SECRETARY:

Mr M A Hutson

REGISTERED OFFICE:

5 Woodgate

Rothley

Leicestershire

LE7 7LL

REGISTERED NUMBER:

03328682 (England and Wales)

FIXED ASSETS

Tangible assets

2

192,933

205,940

Investments

3

102

104

193,035

206,044

CURRENT ASSETS

Debtors

396,367

Cash at bank

924,786

926,125

1,321,153

1,322,492

CREDITORS

Amounts falling due within one year

167,222

NET CURRENT ASSETS

1,153,931

1,155,270

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,346,966

1,361,314

CAPITAL AND RESERVES

Called up share capital

4

100,000

Retained earnings

1,246,966

1,261,314

SHAREHOLDERS' FUNDS

1,346,966

1,361,314

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 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 November 2016 and were signed on its behalf
by:

Mr M A Hutson - Director

1.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

The financial statements contain information about Mahcon Construction (Services) Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

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

-

4% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

325,170

DEPRECIATION

At 1 April 2015

119,230

Charge for year

13,007

At 31 March 2016

132,237

NET BOOK VALUE

At 31 March 2016

192,933

At 31 March 2015

205,940

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

100,100

PROVISIONS

At 1 April 2015

99,996

Charge for year

2

At 31 March 2016

99,998

NET BOOK VALUE

At 31 March 2016

102

At 31 March 2015

104

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Mahcon 100 Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

-

2

Wath Quarries Limited

Nature of business: Quarry owners

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

524,147

463,952

Profit for the year

60,195

58,490

The Hutson Motor Company Limited

Nature of business: Sale of classic car spares

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

(815,254

)

(815,736

)

Profit for the year

482

42,771

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100,000

Ordinary

£1

100,000