Altrincham Building Company Ltd,Ltd - Accounts

ALTRINCHAM BUILDING COMPANY LTD - Company Information

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Altrincham Building Company Ltd

For the year ended 31 March 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07553970

Contents Page

Altrincham Building Company Ltd

For the year ended 31 March 2016

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Altrincham Building Company Ltd

Accountants' Report

For the year ended 31 March 2016

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you

to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Metcalfes

1-3 St Mary's Place

Bury

Lancashire

BL9 0DZ

13 December 2016

Dated:

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Abbreviated Balance Sheet

Altrincham Building Company Ltd

As at 31 March 2016

07553970

Registered Number :

2016

Notes

2015

Fixed assets

Intangible assets

2,000

Tangible assets

2,005

Current assets

Debtors

4,464

Cash at bank and in hand

6,079

329

6,079

4,793

Creditors: amounts falling due within one year

(6,261)

(9,913)

(1,468)

(3,834)

Net current liabilities

Total assets less current liabilities

(3,829)

537

(3,829)

Net assets/liabilities

537

Capital and reserves

Called up share capital

Profit and loss account

(3,830)

536

(3,829)

537

Shareholders funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 13 December 2016

M G Powell Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Altrincham Building Company Ltd

For the year ended 31 March 2016

1 Accounting Policies

Turnover

Turnover comprises amounts receivable for services supplied by the company, net of Value Added Tax.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Deferred taxation

Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Goodwill

Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the

estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

25% Straight line

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Notes to the Abbreviated Financial Statements

Altrincham Building Company Ltd

For the year ended 31 March 2016

2 Intangible fixed assets

Cost or valuation

Intangible

fixed assets

At 01 April 2015

10,000

At 31 March 2016

Amortisation

8,000

At 01 April 2015

2,000

Charge for year

10,000

At 31 March 2016

Net Book Values

At 31 March 2016

2,000

At 31 March 2015

3 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

2,316

At 01 April 2015

At 31 March 2016

2,316

Depreciation

2,311

At 01 April 2015

2,311

At 31 March 2016

Net book values

At 31 March 2016

At 31 March 2015

4 Share capital

Allotted called up and fully paid

2016

2015

1 Ordinary share of £1.00 each

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