Skyline Roofing (Kingston) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01515511 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

Skyline Roofing (Kingston) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N J Russell

J M Russell

REGISTERED OFFICE:

Unit 73 Waterside Trading Centre

Trumpers Way

Hanwell

London

W7 2QA

REGISTERED NUMBER:

01515511 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

2

46,563

49,386

CURRENT ASSETS

Stocks

4,581

5,792

Debtors

476,945

502,463

Investments

1

Cash at bank and in hand

120,843

51,815

602,370

560,071

CREDITORS

Amounts falling due within one
year

272,989

252,076

NET CURRENT ASSETS

329,381

307,995

TOTAL ASSETS LESS CURRENT
LIABILITIES

375,944

357,381

PROVISIONS FOR LIABILITIES

9,195

9,733

NET ASSETS

366,749

347,648

CAPITAL AND RESERVES

Called up share capital

3

1,786

Profit and loss account

364,963

345,862

SHAREHOLDERS' FUNDS

366,749

347,648

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

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

N J Russell - 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable

to the company's pension scheme are charged to the profit and loss account in the

period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

148,182

Additions

9,550

At 30 June 2016

157,732

DEPRECIATION

At 1 July 2015

98,796

Charge for year

12,373

At 30 June 2016

111,169

NET BOOK VALUE

At 30 June 2016

46,563

At 30 June 2015

49,386

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary Shares

£1

1,000

786

Ordinary "B" Non Voting

£1

786

1,786

4.	ULTIMATE CONTROLLING PARTY

The Directors consider that there is not one ultimate controlling party.