Abbreviated Company Accounts - BEAUFORT CONSTRUCTION (S-IN-A) LIMITED

BEAUFORT CONSTRUCTION (S-IN-A) LIMITED - Company Information

01076722 BEAUFORT CONSTRUCTION (S-IN-A) LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01076722 2015-04-01 2016-03-31 01076722 2016-03-31 01076722 2015-03-31 01076722 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01076722 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 01076722

BEAUFORT CONSTRUCTION (S-IN-A) LIMITED

Abbreviated Accounts

31 March 2016

BEAUFORT CONSTRUCTION (S-IN-A) LIMITED Registered Number 01076722

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	61,789	108,246
		61,789	108,246
Current assets
Stocks		4,731	80,396
Debtors		1,242,009	1,522,084
Cash at bank and in hand		22	22
		1,246,762	1,602,502
Creditors: amounts falling due within one year		(1,154,781)	(1,566,304)
Net current assets (liabilities)		91,981	36,198
Total assets less current liabilities		153,770	144,444
Provisions for liabilities		(3,003)	(5,889)
Total net assets (liabilities)		150,767	138,555
Capital and reserves
Called up share capital	3	896	896
Share premium account		5,340	5,340
Other reserves		44,263	44,263
Profit and loss account		100,268	88,056
Shareholders' funds		150,767	138,555

For the year ending 31 March 2016 the company was entitled to exemption 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.

Approved by the Board on 23 October 2016

And signed on their behalf by:
D Ailward, Director

BEAUFORT CONSTRUCTION (S-IN-A) LIMITED Registered Number 01076722

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing balance basis
Fixtures, fittings and equipment - 20% Reducing balance basis
Motor vehicles - 25% Reducing balance basis

Other accounting policies
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.

Long term contracts
Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Transactions with director

During the year the property the company traded from was owned by D & T Ailward, a partnership involving the company Director. The rent charged in the year on a commercial basis was £17,966 (2015; £17,966). No amounts were due to or from D & T Ailward at 31 March 2016.

Ultimate parent undertaking

The company is a 100% subsidiary of Beaufort Holdings U.K Limited. The ultimate controlling party is D Ailward, who owns the entire share capital of Beaufort Holdings U.K Limited.

2Tangible fixed assets

	£
Cost
At 1 April 2015	324,596
Additions	-
Disposals	(84,433)
Revaluations	-
Transfers	-
At 31 March 2016	240,163
Depreciation
At 1 April 2015	216,350
Charge for the year	27,988
On disposals	(65,964)
At 31 March 2016	178,374
Net book values
At 31 March 2016	61,789
At 31 March 2015	108,246

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100
796 B Ordinary shares of £1 each	796	796