Warwick Contracts (Midlands) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03189983 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

WARWICK CONTRACTS (MIDLANDS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Mrs L.M. Jennings

D W Jennings

SECRETARY:

D W Jennings

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

REGISTERED NUMBER:

03189983 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Chartered Accountants

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Nationwide Building Society

171 High Street

Erdington

Birmingham

B23 6SY

FIXED ASSETS

Tangible assets

2

49,230

46,622

CURRENT ASSETS

Debtors

26,431

42,034

Cash at bank

46,279

92,530

72,710

134,564

CREDITORS

Amounts falling due within one year

121,265

179,480

NET CURRENT LIABILITIES

(48,555

)

(44,916

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

675

1,706

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

575

1,606

SHAREHOLDERS' FUNDS

675

1,706

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 2 December 2016 and were signed on its behalf
by:

D W Jennings - 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 machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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 May 2015

127,058

Additions

14,703

At 30 April 2016

141,761

DEPRECIATION

At 1 May 2015

80,436

Charge for year

12,095

At 30 April 2016

92,531

NET BOOK VALUE

At 30 April 2016

49,230

At 30 April 2015

46,622

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	ULTIMATE CONTROLLING PARTY

The controlling party is D W Jennings.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Warwick Contracts (Midlands) Limited for the year ended 30 April 2016 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Warwick Contracts (Midlands) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Warwick Contracts (Midlands) Limited and state those matters that we have agreed to state to the Board of Directors of Warwick Contracts (Midlands) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Warwick Contracts (Midlands) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Warwick Contracts (Midlands) Limited. You consider that Warwick Contracts (Midlands) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Warwick Contracts (Midlands) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A K Papadamou & Co

Chartered Accountants

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

2 December 2016