Lindsell & Hallam Builders Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04704852 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Lindsell & Hallam Builders Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M P C Lindsell

Mr I Hallam

SECRETARY:

Mr M P C Lindsell

REGISTERED OFFICE:

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

BUSINESS ADDRESS:

38 Jaggard Way

Staplehurst

Kent

TN12 0LF

REGISTERED NUMBER:

04704852 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

2

22,872

6,721

CURRENT ASSETS

Stocks

227

214

Debtors

21,766

22,002

Cash at bank

47,565

6,340

69,558

28,556

CREDITORS

Amounts falling due within one year

32,100

17,535

NET CURRENT ASSETS

37,458

11,021

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,330

17,742

CREDITORS

Amounts falling due after more than one
year

(28,055

)

(10,055

)

PROVISIONS FOR LIABILITIES

(4,574

)

(911

)

NET ASSETS

27,701

6,776

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

27,601

6,676

SHAREHOLDERS' FUNDS

27,701

6,776

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 8 December 2016 and were signed on its behalf
by:

Mr M P C Lindsell - Director

Mr I Hallam - 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 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 equipment

-

25% on reducing balance and 15% on reducing balance

Motor vehicles

-

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.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

47,657

Additions

18,564

Disposals

(15,793

)

At 31 March 2016

50,428

DEPRECIATION

At 1 April 2015

40,936

Charge for year

1,760

Eliminated on disposal

(15,140

)

At 31 March 2016

27,556

NET BOOK VALUE

At 31 March 2016

22,872

At 31 March 2015

6,721

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

-

50

Ordinary 'A'

£1

50

Ordinary 'B'

£1

50

100